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Sheikh Khaled meets Citigroup CEO to discuss banking sector co-operation

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, has met Jane Fraser, chairwoman and chief executive of global investment bank Citigroup. The meeting explored opportunities to strengthen co-operation in the banking sector, state news agency Wam reported. They also discussed ways to develop financial solutions that improve the efficiency of the business ecosystem and support sustainable…

Sheikh Khaled meets Citigroup CEO to discuss banking sector co-operation

Crown Prince Khaled bin Mohamed of Abu Dhabi convened a meeting with Jane Fraser, the chairwoman and CEO of Citigroup, to explore potential collaboration in the banking sector. The discussion centered on enhancing cooperation, developing financial solutions to boost business efficiency, and fostering sustainable growth across multiple economic fields.

Citigroup maintained a $17.3 billion presence in the UAE by the end of 2025, as reported by Reuters. The bank, known as Citibank UAE, has been a vital financial hub since its inception in 1964. In 2006, Citi established a regional office within the Dubai International Financial Centre, and in 2018, opened a branch at Abu Dhabi's financial center, the ADGM.

During the meeting, Sheikh Khaled was joined by Ahmed Al Zaabi, the chairman of the Abu Dhabi Department of Economic Development, and Saif Ghobash, the secretary general of the Abu Dhabi Executive Council.

Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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