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Mashreq collaborates with Citi and Swift to advance always-on cross-border payments using Swift’s blockchain infrastructure

Mashreq, a leading financial institution in the MENA region, has successfully completed a live transaction with Citi using Swift’s blockchain ledger infrastructure, marking an important step in the evolution of always-on cross-border payments. The initiative uses bank-issued tokenized deposits to explore faster, cross-border payment capabilities. By connecting tokenized
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Citi Appoints Rajeev Garg as New Head of Wealth for the UAE

Citi today announced the appointment of Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.   Garg will lead the strategic advancement and performance of Citi’s Wealth vertical (Citigold, Citigold Private Client and Credit Cards) in the UAE, while strengthening the business’s risk and control framework in line with […]
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Citi Launches Transformative AI Tools in the UAE

Citi today announced the deployment of its advanced Artificial Intelligence (AI) tools across its operations in the UAE and across Middle East and Africa (MEA), marking a significant step in the bank’s commitment to innovation and digital transformation.   “The launch of our AI tools in the UAE and in MEA is a testament to Citi’s […]