March 16 - Citibank said most of its branches and
offices in the UAE will continue to be closed until further
notice, part of a broader banking industry response to
deteriorating security conditions due to the Iran war.
The bank had initially planned to reopen on Monday. The Mall
of the Emirates branch in central Dubai remains the sole
exception, operating on reduced hours, it said in a message to
customers on Saturday.
Banks in the region have sent staff home as the conflict
deepened, particularly after Iran's Islamic Revolutionary Guard
Corps threatened to attack economic centers and banks affiliated
with U.S. and Israeli entities.
Clients have been directed to Citibank Online and the Citi
Mobile app for their banking needs, according to the message on
Saturday. It stressed that despite the branch closures, "Citi
continues to serve clients in UAE and Bahrain without
interruption."