BBank al Etihad offers banking services in Jordan for individuals and businesses, including credit and debit cards, online and offline shopping, and ATM withdrawals. Its cards and accounts enable payments and cash access, with Siri voice commands for hands-free transactions and Shorouq Banking providing tailored services for women. It differentiates itself with voice-activated banking and a focused program for women, along with an emphasis on employee development and community engagement. Its goal is to provide accessible, comprehensive financial services in Jordan while growing revenue from loans, fees, and transaction commissions.
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Industries
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$25M
Headquarters
Amman, Jordan
Founded
1978
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Total Funding
$25M
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Arab Bank Group leads in net profits, and Bank Al Etihad records highest growth at 84% * Publication date: Monday - 12:30 am | 2026-11-02 Bank profits in the third quarter of 2026 Al-Anbat - Omar Al-Khatib Financial data for Jordanian banks for the period ended September 30, 2026 showed that total net profits after tax for 13 banks rose to about 1.233 billion dinars, compared with about 1.189 billion dinars during the same period in 2025, with a growth rate of 4%. According to the figures, the profits of 7 banks rose by a total of about 126.9 million dinars, while the profits of 6 banks declined by about 82.7 million dinars, bringing the net increase in the combined profits of the banks to about 44.1 million dinars. Bank Al Etihad topped the list of banks in terms of profit growth rate, as its net profit rose by 84% to 105.4 million dinars, compared with 57.3 million dinars during the corresponding period last year. Safwa Islamic Bank came second in terms of profit growth, at 46%, with profits of 27.1 million dinars, compared with 18.5 million dinars, followed by Jordan Islamic Bank with growth of 15%, with profits reaching 61.8 million dinars, against 53.7 million dinars. Arab Bank Group recorded net profit growth of 10%, reaching 638.4 million dinars, compared with 579.18 million dinars. Ahli Bank profits also rose by 10% to 18.74 million dinars, against 17.07 million dinars. Arab Jordan Investment Bank profits rose by 1% to 13.6 million dinars, compared with 13.46 million dinars, while Housing Bank recorded slight growth of 1%, with profits reaching 120.01 million dinars, against 119.01 million dinars. On the other hand, the profits of 6 banks declined, led by Cairo Amman Bank with a decrease of 43%, with profits of 11.32 million dinars, compared with 20.01 million dinars in the same period last year. Jordan Kuwait Bank profits also fell by 31% to 80.66 million dinars, against 117.3 million dinars, and Bank of Jordan profits declined by 29% to 26.51 million dinars, compared with 37.13 million dinars. Capital Bank recorded an 18% decline in profits to 116.74 million dinars, against 141.98 million dinars, while profits of Arab Banking Corporation Bank fell by 17% to 3.11 million dinars, compared with 3.75 million dinars. In addition, Jordan Commercial Bank profits declined by 9% to 9.21 million dinars, against 10.12 million dinars during the corresponding period last year.
Al-Ittihad Bank Group profits grow to reach JD 105.5 million at the end of the third quarter of 2026 Wednesday, 28-10-2026 6:15 pm Al-Wakeel News Agency - Al-Ittihad Bank Group announced its consolidated financial results for the end of the third quarter of 2026, achieving net profits of JD 105.5 million, in a performance that reflects the group's success in its strategic expansion and in generating added value from the merger and expansion operations it carried out during the past period. Advertisement The financial data for the period ending 30 September 2026 showed the continued positive performance of the group; total assets increased by 15.1% to reach JD 14.3 billion. Customer deposits also rose by 15.6% to reach JD 10.9 billion, and net credit facilities increased by 14% to reach JD 7.3 billion, reflecting the group's continued expansion of its business base and strengthening of its banking activity. The chairman of the board of directors of Al-Ittihad Bank Group, Bassem Al-Salfiti, said that the financial results for the end of the third quarter of the year reflect the strength of the group's financial position and its ability to continue growing. He stressed that the current phase is witnessing important steps in implementing the regional expansion strategy, including the strategic partnership to establish a new bank in the Abu Dhabi Global Market (ADGM). He noted that this step opens new horizons for the group to enhance its presence in regional and global markets, diversify its income sources, and achieve sustainable value for shareholders and customers. For his part, the group's CEO, Muntaser Dawwas, affirmed that the third quarter witnessed important progress on both the operational and institutional levels, represented by the completion of the transfer of the investment bank's customers to Al-Ittihad Bank, which constitutes a major milestone in the merger process and enables the group to unify its capabilities and provide its services to a broader customer base with greater efficiency. Dawwas added that the group will continue during the coming period to focus on developing its products and services, providing a more integrated banking experience across various channels, in addition to enhancing the efficiency of its operations and maintaining a balanced approach to risk management, which supports its ability to achieve its strategic goals and continue expanding in the markets in which it operates. The group today also manages a banking network comprising more than 100 branches of Al-Ittihad Bank and Safwa Islamic Bank, in addition to its subsidiaries specialized in financial services, financial brokerage, financial leasing, and electronic payment services.
Bank al Etihad, one of Jordan's largest banks, has announced its entry into the UAE through a strategic partnership with Abu Dhabi-based Ethmar International Holding and other UAE investors. The parties have signed a Memorandum of Understanding to establish a new bank in Abu Dhabi Global Market. The new bank will operate under a Category 1 banking license within ADGM, providing a platform for serving regional and international clients. It will facilitate cross-border business and support transactions across target markets. Bank al Etihad has served customers since 1987 and has grown to nearly JOD 11 billion in total assets through regional expansion, including acquisitions in Iraq and Egypt. The initiative forms part of the bank's broader growth strategy to strengthen its regional presence beyond Jordan and Iraq.
R/GA expands into the MENA region, establishing Abu Dhabi presence to serve AI infra boom. Over the past decade, R/GA has served clients in the region, designing and building new brand systems, launching category-first digital products, and reimagining customer experiences for a mobile-first, AI-driven market. Bertrand Morin, Executive Director, MENA, R/GA R/GA, a leading creative innovation company for the intelligence age, has expanded into the MENA region, formally establishing its business in Abu Dhabi. While this dedicated presence is new, the move intends to represent the formal culmination of a decade-long commitment and growing momentum in the region from R/GA, positioning the agency at the heart of the sovereign ambition and AI infrastructure investments that will shape the region's future. The formal entity was set up as a result of growing demand from R/GA's growing regional client portfolio. During R/GA's time in the region, the agency has partnered with leading organisations, including G42, Wio Bank, National Bank of Kuwait (NBK), Banque Saudi Fransi (BSF), Emirates NBD, and Bank Al Etihad. The work has included designing and building new brand systems, launching category-first digital products, and reimagining customer experiences for a mobile-first, AI-driven market. The business continues to grow, driven by expanded programmes with existing clients and new engagements across the UAE and Saudi Arabia. Leading the business is Bertrand Morin, who has been appointed as Executive Director, MENA, R/GA. Morin said, "Campaign Middle East is thrilled to formally establish its presence in the MENA market, following over ten years of servicing clients and building intelligent brand systems that deliver differentiation, customer value and growth. He added, "We're excited to welcome an expanded team on the ground, and turn our award-winning work into a permanent commitment. We're the region's 'newest oldest' player, with the trust and the track record to prove it. This region always moves forward, it adapts fast, has huge resilience, and bets on innovation, and that's exactly how we work too." The Abu Dhabi-based hub will serve clients across the wider region, with plans to hire more staff and further expansions planned for 2027 onwards. The establishment of its business in the UAE aims to enable R/GA to further strengthen its offering to locally-based clients, harnessing the latest innovations in technology to create more valuable experiences to connect people and brands. This includes training custom brand AI models, building new, adaptive commerce experiences and creating personalised, generative interfaces. R/GA's recent work for G42 earlier this year, included launching a world-first generative interface redefining the future of the web, serving as a clear proof point of its ability to deliver MENA-led innovation with global impact. Faheem Ahamed, Group Chief Marketing and Communications Officer, G42, said, "At G42, we value partners willing to question the familiar, not simply improve it. With Alpha.G42.ai, R/GA helped us explore a more fundamental idea: in an agentic world, the interface between an organisation and its audiences no longer needs to be fixed; it can be generated, intelligent and responsive to intent. That thinking came out of Abu Dhabi and travelled globally. R/GA choosing to put down roots here is another signal of something important: the UAE is increasingly becoming a place where the next generation of ideas is not simply adopted, but imagined and built." R/GA's Abu Dhabi presence brings those AI-driven creative capabilities directly to one of the world's fastest-growing innovation hubs. Globally, R/GA works across government and sovereign investment, financial services, AI and technology, health, and sport and entertainment. The Abu Dhabi presence puts R/GA's global sector expertise locally in service of MENA clients, and gives the region's brands a direct route to a global stage. Robin Forbes, Global CEO of R/GA, said, "Independence has been transformative for R/GA and it has given us the freedom to invest in new talent, build new capabilities, develop our own AI tools and products, and chart our own course," said "And we chose to invest in setting up in Abu Dhabi because of the sovereign ambition and the AI infrastructure being built here. It's an exciting market to be in and we're looking forward to harnessing the potential of key technologies to help the region's leading brands deepen their relationships with customers, and give them a reason to be loyal. We've always been driven by the mission 'to design the future, not the familiar', and that's exactly what we hope to achieve in this market." Following its return to private independence in partnership with Truelink Capital, and backed by a $50 million Innovation Fund, R/GA has been executing a long-term growth plan. A key milestone was the acquisition of Addition, an AI system design and development studio, deepening its technical depth in applied intelligence. The company's MENA operation is officially active, with plans to move into a dedicated new formal office space later this year. Senior leadership appointments are also underway in creative and delivery to support its rapidly growing team. Anup Oommen is the Editor of Campaign Middle East at Motivate Media Group, a well-reputed moderator, and a multiple award-winning journalist with more than 15 years of experience at some of the most reputable and credible global news organisations, including Reuters, CNN, and Motivate Media Group. As the Editor of Campaign Middle East, Anup heads market-leading coverage of advertising, media, marketing, PR, events and experiential, digital, the wider creative industries, and more, through the brand's digital, print, events, directories, podcast and video verticals. As such he's a key stakeholder in the Campaign Global brand, the world's leading authority for the advertising, marketing and media industries, which was first published in the UK in 1968.
Bank Al Etihad enters UAE market through strategic partnership with Ethmar International Holding Monday, 21-09-2026 01:20 PM Al-Wakeel News - Amman, Jordan / Abu Dhabi, United Arab Emirates - Bank Al Etihad, one of the largest banks in Jordan, announced its entry into the United Arab Emirates market through a strategic partnership with Ethmar International Holding (EIH), an Abu Dhabi-based institutional investment group, along with a number of investors in the UAE. Advertisement The parties signed a memorandum of understanding to establish a new bank in Abu Dhabi Global Market (ADGM), a step that represents an important milestone in Bank Al Etihad's regional growth journey, expands its presence outside Jordan and Iraq, and enables it to be present in one of the most prominent global financial centers. A new platform for growth and expansion across markets The new bank will operate under a Category 1 banking license in Abu Dhabi Global Market, to be an integrated platform serving companies and clients in the region and global markets, and supporting their businesses and transactions outside the UAE. Through the new bank, Bank Al Etihad will be able to support business and transactions between different markets, facilitate operations across its target markets, in addition to building new relationships with companies, institutions, and high-net-worth clients. This step comes within Bank Al Etihad's growth and expansion strategy, based on more than five decades of experience in the banking sector, aiming to enhance its presence across the region, diversify its products and sources of income, and expand its relationships with key regional and global markets. The proposed bank will operate within the internationally recognized regulatory framework in Abu Dhabi Global Market (ADGM), under the supervision of the Financial Services Regulatory Authority (FSRA), while complying with the requirements and regulatory controls in force in both the United Arab Emirates and the Hashemite Kingdom of Jordan, and after obtaining all necessary approvals from the competent official authorities.
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Industries
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$25M
Headquarters
Amman, Jordan
Founded
1978
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs