Companies in Dubai's financial district evacuate amid threats from Iran towards US and Israeli-linked assets
In a significant escalation of tensions, various companies in Dubai's financial district have initiated evacuations following threats from Iran towards assets linked to the United States and Israel in the region. Major firms, including US group Citi and consultancies Deloitte and PwC, have either closed their offices or instructed employees to leave as of Wednesday. This move underscores the heightened state of alert among businesses in what is considered the heart of the Middle East's financial hub. The evacuations follow a series of Iranian attacks and retaliatory threats aimed specifically at the UAE, which has become a focal point for... [Continue Reading]
Companies evacuate Dubai financial district after Iran threats
US group Citi, consultancies Deloitte and PwC and other firms in Dubai have closed offices or asked employees to evacuate Wednesday after Iran threatened US and Israel-linked economic assets in the Middle East. The evacuations at the heart of the Middle East's financial hub come as the Gulf but especially the UAE has borne the brunt of Iran's attacks in response to US-Israeli strikes. [Continue Reading]
International firms evacuate staff and close offices in Gulf amid rising Iran-related threats to US and Israel-linked businesses
In response to escalating threats from Iran targeting US- and Israel-linked economic establishments in the Gulf, several major international banking, finance, and consultancy firms have initiated evacuations of their staff and closures of offices across the region. This move highlights the geopolitical tensions brewing in the Middle East and their impact on global business operations. Reports indicate that groups such as Citi, a prominent American financial institution, and Deloitte, a leading British consultancy, closed their offices in Dubai's financial centre. This follows Iran's warning against threats to its sovereignty and security interests, particularly those associated with US and Israeli interests... [Continue Reading]
Banking, finance and consultancy firms evacuate staff in Gulf States
Several major international businesses closed or evacuated offices in Gulf countries after Iran threatened US- and Israel-linked economic targets and centres in the Middle East. US finance group Citi and British consultancy Deloitte evacuated offices in Dubai's financial centre, while PwC, another British consultancy, closed offices in Saudi Arabia, Qatar, the UAE and Kuwait. HSBC has closed all branches in Qatar until further notice. [Continue Reading]
