A message from the Chief Executive Officer

Welcome to the Arab Bankers’ Association!

We are an association of bankers and finance professionals who work in Arab financial markets. Most of our members, both corporate and individual, are based in the U.K. but a significant proportion are based outside. Nearly all of us have spent much of our professional lives living and working in the Arab world.

Our aims are simple: to foster improved relations, information sharing and understanding between the private and public sectors in the Arab world and the U.K. We achieve this through our programme of evening seminars and social events, through tailored events for individual members and their clients, and through personal interaction and introductions that are based on decades of business experience.

You will find more information about our work on the various pages of this website. For example, elsewhere on this page you can download a copy of our Annual Magazine; on the “Events” page you can download presentations given at recent evening seminars; and soon we will be adding a new page to our website -- “Arab Banking News” – where you will see a brief round-up of recent events that are relevant to our membership.

The “Join” page also contains a full list of member benefits.

This is an exciting time for Arab banks and their subsidiaries and affiliates in London. Gulf banks are looking to expand their international operations, banks in Egypt and other north African countries are finding their footing after the uncertainties of the Arab Spring, and debt issuance across the region is increasing.

London hosts the largest and most important banking community in Europe, so its not surprising that it is in London that many of the innovative new financial structures that are shaping Arab finance are designed and sold.

The ABA has been serving and promoting Arab banking in London for more than 30 years and we are as enthusiastic and committed to our mission today as we were on the day we were founded. If you are a member, I look forward to working alongside you in the months ahead. If you are not a member, I hope you will consider joining us.

George E. Kanaan Chief Executive Officer

Mon September 26 2016 - Mon September 26 2016
Annual General Meeting

Events , ABA Events The Association's Annual General Meeting will be held on Monday 26 September at 43 Upper Grosvenor Street, London W1K 2NJ. The meeting will start at 6pm and is expected to last between one hour and an hour and a half.  The meeting is open to all members of the Association and there is no need to register in advance to attend.  Members should already have received a formal invitation to the AGM, including an agenda (with a proxy form), the minutes of last year's meeting, and the Associations annual accounts. 


02/09/16  Big turnout for AGM

News The Association's Annual General Meeting was held on 26 September. The meeting began at 6pm.  The Chairman, Abdulaziz al-Khereiji, opened the meeting, and noted that the Association is continuing to prosper, and is getting stronger, despite the many challenges facing the banking industry, both in the Middle East and globally. The Treasurer, Neel Patel, presented the Association's accounts for 2015, which were similar, in terms of revenue and expenditure to those for 2014. Looking ahead, Neel said that revenues are up during 2016 as a result of increased corporate memberships and high...

Wed September 14 2016 - Sun September 18 2016
Safar Arab Film Festival

Events , Partner Events The 'Safar' Arab Film Festival will be held in London from 14-18 September. The festival is a biennial event that is led by the Arab British Centre. This is the third occassion that the festival has been held. This year, Safar is focussing on contemporary Arab cinema. The festival will open on 14 September at 8.30pm with Before the Summer Crowds, the last film of the Egyptian director Mohamed Khan. In the following days films will be shown from a variety of other Arab countries, including Tunisia, Algeria and Kuwait. Films will be shown in the evening on the Thursday 15 and Friday 16 Septe...


04/08/16  IMF Deal Crucial to Egypt's Financing Needs, Fitch Says

News Egypt is asking the IMF for $12bn over three years and if negotiations are finalised by mid-August then an agreement could be in place by September, Fitch says. An IMF team began a visit to Egypt on 30 July. Fitch says that IMF assistance (and any other assistance that follows in its wake, for example from the World Bank and the African Development Bank) would be disbursed in predictable tranches, provided that conditions are met. In contrast, financial support from the Gulf states is less regular and transparent. Furthermore, Fitch says, the levels of financial support that Egypt can expe...


01/08/16  Fieldfisher Provides Update on Iranian Sanctions/Business Opportunities

News Fieldfisher, the international law firm, has issued an updated note on Iranian sanctions, summarising recent guidance given by US officials and by the Office of Foreign Assets Control (OFAC) on how US and non-US companies can interact with Iran without breaching continuing US sanctions. Fieldfisher cites the Acting Director of OFAC, John Smith, saying that there are only two rules for non-US persons/entities governing compliance with US sanctions – 1. Do not do business with Iranian persons or entities that remain on the Specially Designated Nationals (SDN) list 2. Do not involve a...