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Arab Bank company logo
Bank
FINANCIAL | Retail Banking
arabbank.com

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Investments

1

Portfolio Exits

1

Partners & Customers

2

About Arab Bank

Arab Bank is a Jordan-based global Arab banking network.

Arab Bank Headquarter Location

Amman,

Jordan

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Arab Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Arab Bank Rank

Latest Arab Bank News

Arab Bank launches fintech-focused accelerator in Egypt

Aug 31, 2021

Arab Bank launches fintech-focused accelerator in Egypt Arab Bank has launched its fintech-focused corporate accelerator programme “AB Accelerator” in Egypt, following its successful rollout in Jordan in 2018. The launch of this programme in Egypt comes as part of the bank’s strategic efforts to foster and support innovation in the fintech sector towards offering responsive and agile banking solutions in line with the evolving needs and expectations of clients across different segments. The AB Accelerator programme aims to accelerate the adoption of emerging technologies and solutions within the Arab Bank and support entrepreneurs with the opportunity to scale their market-ready fintech startups across the MENA region. It works to integrate into Egypt’s startup scene through investing in early-stage startups specialised in fintech as well as other related technology verticals, such as cybersecurity and artificial intelligence (AI), with a focus on startups that demonstrate strategic alignment with Arab Bank. “AB Accelerator provides early-stage startups with a banking and commercial collaboration that not only helps them gain credibility and validate their product, but also allows them to instantaneously tap into multiple geographies,” said Hala Zahran, lead of AB Accelerator. Selected startups will receive funding of up to US$500,000, and also be entitled to a host of benefits, including creating a customised Proof of Concept to test solutions which could potentially lead to a pilot agreement with the bank, as well as instantly accessing customers and markets across Arab Bank’s regional and global network. Egyptian entrepreneurs who wish to join the programme can apply here .

Arab Bank Portfolio Exits

1 Portfolio Exit

Arab Bank has 1 portfolio exit. Their latest portfolio exit was Bank Muscat on April 29, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/29/2020

Corporate Majority

1

Date

4/29/2020

Exit

Corporate Majority

Companies

Valuation

Acquirer

Sources

1

Arab Bank Partners & Customers

2 Partners and customers

Arab Bank has 2 strategic partners and customers. Arab Bank recently partnered with Visa on May 5, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

5/17/2015

Partner

Visa

United States

Arab Bank : Announces Winners of Visa E-Commerce Promotional Campaign

Arab Bank recently concluded its e-commerce promotional campaign , in collaboration with Visa , for Visa credit card and Visa internet-shopping card holders .

1

9/20/2005

Vendor

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10

Date

5/17/2015

9/20/2005

Type

Partner

Vendor

Business Partner

Visa

Country

United States

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News Snippet

Arab Bank : Announces Winners of Visa E-Commerce Promotional Campaign

Arab Bank recently concluded its e-commerce promotional campaign , in collaboration with Visa , for Visa credit card and Visa internet-shopping card holders .

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Sources

1

10

Arab Bank Team

53 Team Members

Arab Bank has 53 team members, including current Chief Executive Officer, Ehab Mackeen.

Name

Work History

Title

Status

Ehab Mackeen

Chief Executive Officer

Current

Hasan Sasa

Chief Financial Officer

Current

Rajeev Mahajan

Chief Operating Officer, Chief Information Officer

Current

Eric Modave

Chief Operating Officer

Current

Marah Al Gawasmeh

Chief Information Officer

Current

Name

Ehab Mackeen

Hasan Sasa

Rajeev Mahajan

Eric Modave

Marah Al Gawasmeh

Work History

Title

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer, Chief Information Officer

Chief Operating Officer

Chief Information Officer

Status

Current

Current

Current

Current

Current

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