What are the top 5 banks in the Middle East?
The Middle Eastern banking sector is anchored by colossal financial institutions backed by sovereign wealth, massive energy revenues, and rapid digital transformation. The first is Qatar National Bank (QNB), which ranks among the largest banks in the entire region, commanding extensive international operations across Europe, Asia, and Africa. The second is First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, specializing in corporate finance, investment banking, and global trade solutions. The third is Al Rajhi Bank of Saudi Arabia, the world's largest Islamic bank, renowned for its massive retail deposit base and Sharia-compliant financial products. The fourth is Emirates NBD, a premier banking group headquartered in Dubai that delivers advanced digital retail services and extensive regional connectivity. The fifth is the National Bank of Egypt, a vital state-owned economic pillar holding a massive share of domestic assets and supporting large-scale national infrastructure projects.
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