THE MIDDLE EAST’S

36. Arab Bank

Country: Jordan
Sector: Banks & Financial Services
CEO: Randa Sadik
Market Value: $4 billion
Sales: $5.3 billion
Profits: $1 billion
Assets: $71.2 billion

Founded in 1930 in Palestine, Arab Bank relocated its headquarters to Amman in 1948. The group recorded over $1 billion in net profit in 2024, registering a growth of 21% compared to the previous year. It had over 600 branches and 12,000 people across 27 countries as of February 2025. It has 12 key subsidiaries, two affiliates, and a sister company, Arab Bank (Switzerland) Limited. In 2024, its tech arm, ACABES, launched Omnify, a banking-as-a-service API platform, enabling partner companies to offer embedded financial products for their own customers.