Standard Chartered UAE

As Ramadan draws to a close, we extend our warmest wishes to all observing Eid al-Fitr. From across our markets to the places we call home, wishing you a special moment of togetherness. Eid Mubarak 🌙✨

Strong balance sheets, deep reserves, and large pools of sovereign capital continue to anchor the region’s financial resilience.

GCC FX: where do the Currency Pegs stand? Hear from our Markets expert. When it comes to geopolitical tension, markets often focus on immediate risks. But the more important story is the strength of the financial architecture behind the region.

Our view is that the release of more reserves is likely needed. While we see elevated near-term risks, we remain constructive on equities over 6-12 months. Listen to the full podcast through the link: youtu.be/WA83cHfByvw?si…

We continue to see a 70% chance that the conflict in the Middle East will ease within 4-6 weeks. The release of strategic oil reserves by Developed Markets is a positive stop-gap measure as it should partly offset the lost supplies from the Middle East.

@love2tr8 We understand how important this is to you. Please request the account holder to contact us directly or call us at 600 5222 88 for immediate assistance. We will look into this and assist accordingly. ~AS

@StanChartUAE Is it taking longer than usual to process international wires? My customer in Dubai initiated a wire on March 6. I’m still waiting for it to hit today, almost a week later

Reports that Standard Chartered evacuated staff from its Dubai offices are not accurate. The Bank had already implemented a precautionary work-from-home arrangement last week and this has simply been extended.

@love2tr8 Hi, thank you for connecting with us. Please note that there is no impact with transfers. ~AS

@StanChartUAE Are you processing wire transfers?

The UAE and our other Middle East markets remain an important part of our global network, through which we continue to support clients navigating a complex and fast-moving environment.

Our focus remains the safety and wellbeing of our colleagues in the Middle East. Our teams continue to operate under existing remote working arrangements while maintaining normal service and we are monitoring situation closely.

Oil prices, the main transmission route to asset prices, have risen above levels seen during last year’s 12-day Israel-Iran conflict but remain well below Ukraine conflict levels. Listen to the full podcast through the link: youtube.com/watch?v=y4-WWx…

We assign a 70% probability to the Iran conflict lasting a few weeks and a 30% chance it lasts for months. The market impact has been limited so far.

Today we extend our gratitude to the UAE leadership and all those who stand watch every day to keep the nation safe. Your dedication, courage and commitment to protecting the country and its people are deeply appreciated.

Nevertheless, the net impact of the court ruling is marginally positive for risk sentiment as it reiterates the checks and balances in the US political system. Listen to the full podcast through the link: youtube.com/watch?v=DrPuVu…

The latest US Supreme Court ruling implies US tariffs have peaked. The government is likely to recreate most of the lost tariffs through other statutes.

During periods of international uncertainty, cybercriminals often increase fraudulent activity, particularly targeting cardholders and digital banking users through phishing or scams. Learn more: sc.com/ae/protecting-…

In the light of recent developments involving the Middle East region, we want to reassure you that your card and digital payments security remains our highest priority.

You can't see scammers, but you can outsmart them. Watch out for impersonators. Never give out your personal details. Learn more through the link: sc.com/ae/bank-with-u…

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