- 1969: Chase Manhattan Bank becomes a majority shareholder in the Commercial Bank of Dubai.
- 1974: The First National Bank of Chicago opens a full-service branch in Dubai. Offices open in Abu Dhabi and Sharjah the following year.
- 1976: Chase Manhattan Bank opens a representative office in Abu Dhabi.
- 1978: Manufacturers Hanover Trust Company participates in a US$200 million loan for the government of Sharjah.
- 2007: J.P. Morgan opens an office in Dubai. This office includes employees from the Investment Bank, Private Bank, and Treasury & Securities Services.
- 2009: J.P. Morgan leads a landmark US$3 billion bond offering for the Emirate of Abu Dhabi, the emirate’s first bond issue in almost two years. The offering is oversubscribed by more than twice the listed amount.
- 2010: J.P. Morgan opens an office in Abu Dhabi.
- 2014: J.P. Morgan acts as joint global coordinator on the US$1.6 billion IPO of Dubai-based shopping mall construction company Emaar Malls on the Dubai Financial Market. This deal marks the largest-ever Middle East and North Africa IPO in the real estate sector and the largest IPO in the UAE since 2007.
- 2023: J.P. Morgan receives in-principle approval to upgrade its banking license to category one, allowing the bank to provide payments and corporate banking services in the region.
About us
We are committed to our business in the United Arab Emirates. From Abu Dhabi and Dubai, we maintain key relationships with governments, financial institutions and corporations.
We have a committed and long-standing history of serving clients in the Middle East for over 100 years. Today, we operate across offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Manama and Riyadh.
Globally, through the JPMorgan Chase Foundation, we make philanthropic investments in cities where we have major operations, assisting those at a disadvantage by helping them build better lives for themselves, their families and their communities. Across EMEA, the firm focuses its investment and attention on three pillars: Economic Development, Financial Empowerment and Workforce Readiness.
J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in 2020, JPMorganChase will deploy $2 billion in philanthropic capital around the world by 2025. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.
Our local history
With a legacy dating back to 1799, we have a history of demonstrating leadership during times of both economic growth and financial instability. Below you will find major milestones from the firm’s history in United Arab Emirates. The institutions listed in the timeline are several examples of the over 1,200 predecessors that make up today’s JPMorgan Chase.
What problem can we solve together?
What problem can we solve together?
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Let J.P. Morgan empower your business to thrive by unlocking value from innovative, end-to-end solutions and integrated platforms.
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of changing markets.
Contact us
For additional information regarding J.P. Morgan in the United Arab Emirates, please contact us:
- Abu Dhabi, United Arab Emirates: +971 2 698 0500
- Dubai, United Arab Emirates: +971 4 428 1700
For general inquiries and global media contact information, please visit our Global Contacts.