Citibank closes most UAE branches temporarily as banks evacuate offices in region

Citibank will close most of its branches and financial centres in the United Arab Emirates through March 14 as a precautionary measure, the bank’s website showed on Thursday, following a wave of banks sending staff home as the Middle East conflict deepens.

The U.S. bank’s branch in the Mall of the Emirates in central Dubai is exempted from the closure, the bank said, adding it plans to reopen all affected branches on March 16.

The measures are the latest sign of growing concern...