Sector: Banks & Financial Services
Market Value: $4.1 billion
Arab Bank was established in 1930 in Palestine. It moved its headquarters to Amman in 1948. The bank operates through 73 branches in Jordan and 129 branches abroad. Its subsidiaries include Europe Arab Bank, Arab Bank Australia, Arab Sudanese Bank, and Arab Tunisian Bank. In 2022, Arab Bank’s net income grew by 73.1% to $544 million, and its total assets stood at $64.5 billion.