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Citi, Standard Chartered Evacuate Dubai Offices; HSBC Closes Qatar Branches Amid Security Concerns

Dubai — Citigroup and Standard Chartered have told staff in Dubai to leave their offices and work from home as Gulf lenders step up precautions after Iran threatened to strike regional banking interests linked to the United States and Israel, according to people familiar and a staff memo. Citigroup instructed employees at the Dubai International Financial Centre (DIFC) and in the Oud Metha neighborhood to evacuate and work remotely until further notice, a memo reviewed by Reuters showed. A Citi spokesperson said the bank is…

Dubai to Dublin air service welcomed as a significant boost

Ireland charters Oman flight to repatriate citizens as airlines add Dubai–Dublin services amid Middle East airspace shutdown Ireland will repatriate up to 280 citizens stranded across the Middle East on a government-chartered flight from Oman in the coming days, as commercial carriers add limited services and thousands of travelers race to leave the region following days of US-Israeli strikes on Iran that have effectively shut down much of the region’s airspace. Foreign Affairs Minister Helen McEntee called the Oman charter…

Loud blasts reported in Dubai, Doha, Manama and Jerusalem

Fresh blasts rattled Dubai, Doha and Manama on Sunday morning, and air raid sirens wailed over Jerusalem, a day after Iran launched widespread strikes across the Gulf in retaliation for U.S. and Israeli attacks, officials and witnesses said. Thick black smoke rose on the southern horizon of Dubai in the United Arab Emirates, where two people were injured after shrapnel from intercepted drones fell onto two houses, according to a Dubai Media Office statement. Similar blasts were reported in Bahrain’s capital, Manama, and in…

Dubai DP World chief removed amid pressure over Epstein ties

DUBAI — DP World said Friday that longtime chairman and chief executive Sultan Ahmed bin Sulayem has resigned, a move that follows mounting pressure over his alleged ties to Jeffrey Epstein and days after key investors froze new commitments to the Dubai-based ports and logistics group. The company named Essa Kazim as chairman of the board and elevated Yuvraj Narayan to group chief executive officer, Dubai Media Office said. Dubai’s ruler also issued a decree appointing a new chairman to the emirate’s Ports, Customs and Free…

North Western State of Somalia President Attends Dubai World Governments Summit for Second Year

DUBAI — North Western State of Somalia President Abdirahman Mohamed Abdilaahi Irro attended the World Governments Summit in Dubai on Tuesday for the second consecutive year, underscoring Hargeisa’s push for international visibility despite objections from Somalia’s federal government and amid worsening tensions with the United Arab Emirates. The annual forum, one of the world’s most prominent gatherings on governance and public policy, brings together global political leaders, major corporations and international…

North Western State of Somalia President Takes Part in World Governments Summit in Dubai

DUBAI, United Arab Emirates — North Western State of Somalia President Abdirahman Irro is attending the World Governments Summit in Dubai for the second consecutive year, joining global leaders as they debate the future of governance, technological innovation and public policy. Irro’s participation comes as relations between Somalia and the United Arab Emirates face renewed strain. Somalia has said it canceled agreements with Abu Dhabi following claims by Israel that it had recognized North Western State of Somalia as an…