UBS - UBS Suspends Middle East Work-Travel Amid Israel-Hamas Conflict: Report | Benzinga
UBS Group AG (NYSE: UBS) has implemented a temporary ban on work-related travel for its employees stationed in the Middle East due to the intensifying conflict between Israel and Hamas.
Primarily known for its extensive operations across the region, including in countries like the United Arab Emirates and Qatar, UBS has advised its workforce to halt business excursions within these areas, according to a report from Bloomberg.
A significant consequence of this decision is the postponement of a high-profile wealth management conference that was scheduled in Qatar for this month.
An internal memo, reviewed by Bloomberg, verified these changes, ...