What does AB stand for?

As a subsidiary owned entirely by Arab Bank, the first private financial institution in the Arab world, Arab Company for Shared Services will handle the back-office transactions of the bank for the UAE, Qatar, Yemen and Bahrain with an estimated 300 employees to be based at DOZ (including employees from Arab Bank Plc, UAE).

The lead arrangers for the commercial bank facility are: Abu Dhabi Commercial Bank, BayernLB, BNP Paribas, Calyon, Export Development Canada, First Gulf Bank, National Bank of Abu Dhabi, Samba Financial Group, SociE[umlaut]tE[umlaut] GE[umlaut]nE[umlaut]rale, Sumitomo Mitsui Banking Corporation Europe Limited, The Bank of Tokyo-Mitsubishi UFJ, Limited, RBS, WestLB AG, Arab Bank plc, Arab Banking Corporation B.

The Fund's Investment Adviser, AB Invest, is another wholly -owned subsidiary of Arab Bank Plc - an investment firm based in Amman/ Jordan that has maintained a solid track-record in fund and asset management.

About Europe Arab Bank Europe Arab Bank plc (EAB) is a wholly owned subsidiary of Arab Bank.

RBS, WestLB AG, Arab Bank plc, Arab Banking Corporation B.

National Bank of Kuwait was the first Middle Eastern bank to get a wholesale banking licence here, while Arab Bank plc operates with a lesser offshore licence.

About Europe Arab Bank Europe Arab Bank plc (EAB) is a wholly owned subsidiary of Arab Bank.

At the same time, Standard & Poor's assigned its "BBB" long-term and "A-3" short-term counterparty credit ratings to Arab Bank PLC, reflecting the fact that this entity benefits from the group's strengths, but is also subject to the country risk of the Hashemite Kingdom of Jordan (foreign currency BB/Stable/B; local currency BBB/Stable/A-3).