*Walter Bloomberg
*Walter Bloomberg|Mar 09, 2026 14:51
WALL STREET BANKS OFFER UAE STAFF TEMPORARY RELOCATION Top Wall Street firms—including Goldman Sachs, Morgan Stanley, and Citigroup—are allowing UAE-based employees to temporarily work remotely abroad amid ongoing attacks. Consulting giant McKinsey & Co. has evacuated some staff to Turkey and permits Dubai employees with emergencies to leave. Take-up has been limited, and relocations may carry tax and regulatory hurdles. The moves follow unprecedented Iranian strikes on the region after U.S. and Israeli attacks, highlighting that even the UAE, home to 90% foreigners and a global finance hub, is not insulated from regional volatility.(*Walter Bloomberg)
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