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.

Leveraging our expertise across Commercial & Investment Banking (CIB) and Asset & Wealth Management (AWM), J.P. Morgan has established a robust presence in both Dubai and Abu Dhabi. Our strategic approach is deeply rooted in a client-first philosophy across all lines of business, ensuring that we deliver tailored solutions that meet the unique needs of our clients. In the Abu Dhabi Global Market (ADGM), our treasury hub serves as a vital centre for global connectivity, enabling both local and international clients to optimize their treasury operations for enhanced business value. This hub is also a strategic booking location, allowing us to provide advanced payments services, solutions, and the flexibility to support the diverse needs of our clients.


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.

  • 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.
  • 2020: J.P. Morgan established its presence in Abu Dhabi Global Market with J.P. Morgan Middle East Limited (JPMMEL)
  • 2021: JPMMEL secures a category 4 license from the Financial Services Regulatory Authority (FSRA), expanding into Global Corporate Banking, Securities Services, and Payments (Treasury Services and Trade Finance).
  • 2024: JPMMEL receives approval from FSRA to upgrade its license to category 1, permitting the bank to offer deposit-taking and payment processing in designated currencies, excluding UAE Dirhams.
  • 2025: JPMMEL goes commercially live as a booking hub from ADGM, servicing clients in payments and corporate banking.

 

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.