Bloomberg, a privately owned company headquartered in the US, was founded in 1981 and employs approximately 2,400 individuals. It reported $3.0M in revenue as of 2023 and operates as a tier 2 media tech buyer. The company's main product is broadcast television and radio, complementing its broader scope as a provider of financial, software, data, and media services.
Bloomberg confirmed on March 13 that employees based in the Gulf region, including at its Dubai regional headquarters, have the option to temporarily relocate and work from outside the region. A spokesperson told Reuters that the company continues to serve clients "without interruption" despite staff choosing to leave temporarily. This move by Bloomberg, which also affects other financial institutions like Goldman Sachs and Morgan Stanley, comes as Iran conducts repeated attacks on Gulf cities. Previously, on March 12, Bloomberg, alongside other international companies, expressed commitment to Gulf markets amidst the regional conflict. Michael Bloomberg commented at a French finance event on Thursday that day regarding the market uncertainty and the unpredictability of the war in the Middle East.
Subscribe for full access to Bloomberg's products in full detail 
