Citi (NYSE:C) and Arab Bank, a leading financial institution in the Middle East and North Africa region, announced a collaboration to bring Citi’s 24/7 U.S. Dollar (USD) Clearing solution to Arab Bank’s corporate clients to support both incoming and outgoing USD payment flows. Through this
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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
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 […]
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 […]













