Card Services
Apply for a new Citi Credit Card and get up to AED 1,250 Welcome Offer Cash Back.
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Enjoy up to AED 21,000 in welcome rewards when you start a Citigold relationship.
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Complimentary airport rides via Careem app:
Mastercard World Elite: 6 airport rides per year (up to AED 110 each) using code “MAUAE6”.
Mastercard World: 2 airport rides per year (up to AED 110 each) using code “MAUAE2”.
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Get 20% instant discount (up to AED 14) on grocery and food orders once a month on the Talabat app. Use promo code “MASTERCARD” at checkout.
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Access up to 1,200 Airport lounges worldwide with Mastercard Travel Pass app.
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Enjoy instant discounts once a month when using Carrefour app/website until 30th Sep 2025.
Mastercard World Elite: AED 60 discount on eligible purchases of AED 300 or more, using code "MA60".
Mastercard World: AED 40 discount on eligible purchases of AED 250 or more, using code "MA40".
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Spend in the local currency overseas and shop online globally with multi-currency Debit Card access.
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Carrefour, Talabat, Careem & Airport Lounge offers are provided by Mastercard. Citibank is not liable for any loss or inconvenience incurred by the cardholder due to operational / fulfilment issues or otherwise by 3rd parties.
Wealth Outlook 2025
With Trump’s re-election in 2025, many are concerned about the potential policy and tariff changes that may impact investment portfolios. Citi believes in remaining disciplined when investing and to broaden horizons to other markets that have the potential to generate returns.
Investment Strategy Bulletin ꟾ May 16, 2025
At the start of 2025, a 30% tariff on Chinese goods would have led to a widespread de-risking. However, market participants are treating this past weekend’s de-escalation from the 145% tariff on Chinese goods (effectively a trade embargo) as an all-clear on risk assets.
Weekly FX Focus ꟾ 8th May 2025
CHF has the lowest rates within G10 FX (SNB’s overnight cash target is 0.25%) and is typically favored as a currency to fund purchases of risk assets. This implies that ordinarily, CHF should weaken vs its G10 FX peers as investors borrow CHF to take advantage of its ultra-low interest rates to buy higher yielding assets in other currencies.
FX Perspectives | May 9th, 2025
Since April, the broad-based USD Index, the DXY has dropped sharply. The tariffs caused a market downgrade of US exceptionalism. This caused a loss in confidence of the USD safe haven appeal which led to investors unwinding their long positioning of US treasuries and USD.
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Quadrant | February 7, 2025
Territorial claims. Tariffs. Government makeovers. What is the new US administration really up to? While we remain optimistic U.S. growth and profits will rise in 2025 and 2026, any new approach to trade – with both allies and rivals – brings increased risk to the table.
Middle East Strategy ꟾ May 2025
After years of restraint, OPEC+ is hiking production. The group announced it will raise oil output by 411k barrels per day (b/d) in June, similar to its April increase. Markets had expected just 140k b/d. OPEC+ also says it will speed up the return to market of 2.2 million barrels per day that it had withdrawn in recent years, with the potential to pause or reverse the decision.
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