Arab Bank 'Best Bank in the Middle East 2025'
Arab Bank recently received the "Best Bank in the Middle East 2025" award from New York-based Global Finance magazine, a testament to its leading position in the regional banking sector.
This global recognition was made by the editors of Global Finance after extensive consultations with corporate financial executives, banking consultants, and analysts throughout the world.
Global Finance considered several factors when selecting top banks, including asset growth, profitability, geographical coverage, strategic alliances, product innovation, and market expansion endeavors. The evaluation criteria also included the opinions of equity analysts, credit rating analysts, banking consultants, and industry participants.
Global Finance Awards cover more than 150 countries, territories and districts across Africa, Asia-Pacific, the Caribbean, Central America, Central and Eastern Europe, Latin America, the Middle East, North America, and Western Europe.
Commenting on this recognition, Ms. Randa Sadik, Arab Bank's Chief Executive Officer, said: 'This global recognition affirms the vision and commitments embedded in our refreshed brand identity—where each milestone drives us toward even greater aspirations. It reflects our unwavering commitment to customer-centricity, innovation, and agility, all underpinned by our core philosophy which revolves around building lasting connections. She added: 'This award not only highlights the bank's leading position in the financial sector, locally and regionally, but also reinforces our constant dedication to delivering excellence. As we continue to evolve, we remain focused on empowering our customers and communities to thrive in an increasingly dynamic world.'
It is worth mentioning that The Banker Magazine, owned by the Financial Times and based in London, has also named Arab Bank as Bank of the Year in the Middle East for 2024.
Arab Bank, headquartered in Amman - Jordan, was established in 1930 and has one of the largest global Arab banking networks with over 600 branches. Arab Bank's extensive network covers key financial markets and centers such as London, Singapore, Shanghai, Geneva, Paris, Sydney, Dubai, and Manama.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Ammon
3 hours ago
- Ammon
King Abdullah II Fund for Development Raises Stake to 51% in Dead Sea Tourism Company
Ammon News - The King Abdullah II Fund for Development announced its decision to increase its stake in the Dead Sea Tourism and Real Estate Investment Company, acquiring a controlling 51 percent share in the firm, which owns and manages prominent assets including the King Hussein Convention Palace, the Hilton Hotel at the Dead Sea, Samara Tourist Resort, and Samara Mall. The Fund's additional investment, totaling JD10 million, aims to bolster the company's diverse ventures and support the development and expansion of its business operations. With this increase, the Fund becomes the largest shareholder, surpassing other partners such as the Emirati company Emaar, General Mediterranean, the Arab Bank Group, and a consortium of local and international investors. The King Hussein Convention Palace at the Dead Sea, one of the Arab world's largest conference centers with 27 halls, opened in 2005 and has hosted numerous international, Arab, and local events, including the 2017 Arab Summit and several World Economic Forum meetings. In 2017, the company inaugurated a beachfront hotel at the Dead Sea, featuring 285 rooms and executive suites, seven restaurants, and managed by Hilton Hotels & Resorts Worldwide. The company also owns Samara Mall, opened in 2014, which houses a medical clinic, service center, shopping outlets, markets, and restaurants, serving both tourists and local visitors. Additionally, it owns the Samara Tourist Resort, a mixed-use complex comprising 198 hotel apartments, of which 75 percent have already been sold. Petra
Saraya News
4 hours ago
- Saraya News
Saudi ACWA Power in Strategic Partnership Talks with Solwie Energy for Solar Investments in Turkey
سرايا - Ankara – June 2025 Saudi Arabia-based energy giant ACWA Power has entered into talks to establish strategic partnerships with local players as part of its planned $2 billion solar energy investment in Turkey. One of the most prominent potential partners under consideration is Solwie Energy, a rapidly growing Turkish company in the renewable energy sector. According to a report released by SDE, ACWA Power is particularly focusing on both licensed and unlicensed solar projects in regions of Turkey with high solar potential. The ongoing discussions with Solwie Energy are said to be at an advanced stage. Although Solwie Energy has not made any official statement regarding the negotiations, company officials have signaled positively toward the possibility of a strategic alliance. Talks are reportedly centered around areas such as project development, engineering, domestic supply chains, and green hydrogen integration. As part of its Turkey operations, ACWA Power aims to establish a solar energy portfolio exceeding 1000 MW, a move expected to contribute significantly to regional economic growth and energy supply security. Solwie Energy CEO Samet Koç has previously emphasized the company's mission, stating: 'We are committed to being a part of the global energy transition through local expertise.' He has also underscored that Turkey should be seen not only as an investment destination but also as a hub for production and technology. Industry sources highlight that this collaboration could support Turkey's energy independence goals while also fostering mutual trust between domestic and international investors.
Roya News
a day ago
- Roya News
Roya Media Group, 1001 OPS announce strategic partnership to enrich regional media content
Roya Media Group, the leading Jordanian media and entertainment company, has signed a strategic content distribution agreement with 1001 OPS, a UAE-based digital media firm and the force behind the 1001 streaming platform in Iraq. This partnership marks a significant step toward enhancing digital entertainment offerings across Jordan and Iraq through an innovative content-sharing model. Under the agreement, Roya TV Platform will provide exclusive access to its premium digital channels and original productions on the 1001 platform, while 1001 will contribute its high-demand programming, including exclusive series and entertainment content from them to Roya's streaming service on platform. Fares Sayegh, CEO of Roya Media Group, commented on the announcement: "This collaboration underscores our commitment to delivering engaging, locally resonant content to our audiences. By joining forces with 1001 OPS, we're expanding our digital footprint and enabling a richer, more diverse entertainment experience for viewers across the region." As part of the arrangement, Roya's content will appear on digital platform exclusively within Iraq, ensuring compliance with territorial licensing and content security measures. The partnership highlights both Roya Media Group and 1001 OPS's dedication to innovation and collaboration in the MENA region's fast-evolving media landscape. Together, they aim to offer audiences a seamless, high-quality viewing experience enriched with cross-cultural content and regional storytelling. Roya Media Group is Jordan's leading media network, known for its award-winning TV content, cutting-edge digital platforms, and commitment to regional cultural representation.
