Gulf crisis: 'Bloomberg' allows staff to work from abroad
Bloomberg is letting its Dubai and Gulf employees temporarily work from outside the region after a wave of Iranian drone strikes hit major sites in Dubai and neighboring countries.
The option comes as tensions spike across the Gulf following the U.S.-Israel war, with attacks reported in Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.
Other banks like Goldman Sachs, Morgan Stanley are also affected
This move shows just how seriously global companies are taking the situation.
Bloomberg says it's still focused on supporting clients, "continues to serve clients 'without interruption,'" as a spokesperson put it, even if some staff choose to leave for now.
Other big Wall Street banks like Goldman Sachs and Morgan Stanley are also giving their UAE teams similar options.
With foreign governments now telling citizens to leave the region, it's clear businesses are bracing for more uncertainty in one of the world's key financial hubs.