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Who are the owners of United Arab Bank?

Published in Banking Ownership 2 mins read

The primary owners of United Arab Bank include The Commercial Bank (P.S.Q.C.), Faisal Al-Qassimi, Juma Al Majid holding Group LLC, and Qasim Sultan Saqr Sultan Salem Al.

Understanding the Ownership Structure of United Arab Bank

United Arab Bank (UAB) is owned by a diverse group of shareholders, with significant stakes held by both institutional and individual investors. This ownership structure reflects a mix of corporate entities and prominent individuals contributing to the bank's capital.

Major Shareholders

The following table details the largest reported shareholders of United Arab Bank, along with their respective equity percentages, the number of equities held, and their valuation in AED:

Shareholder Name Equity Percentage Number of Equities Valuation (AED)
THE COMMERCIAL BANK (P.S.Q.C.) 40.00 % 825,020,255 247 M
Faisal Al-Qassimi 11.13 % 229,515,634 69 M
Juma Al Majid holding Group LLC 10.79 % 222,454,338 67 M
Qasim Sultan Saqr Sultan Salem Al 5.197 % 107,192,034 32 M

As the largest shareholder, THE COMMERCIAL BANK (P.S.Q.C.) holds a commanding 40% stake, indicating its significant influence and strategic interest in United Arab Bank. Following this institutional investor, Faisal Al-Qassimi represents the largest individual shareholder with an 11.13% stake. Juma Al Majid holding Group LLC is another major corporate investor, holding 10.79% of the shares. Additionally, Qasim Sultan Saqr Sultan Salem Al maintains a substantial individual shareholding of 5.197%.

This composition of shareholders illustrates a balanced blend of corporate control and key private investments in the United Arab Bank.