HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Turkey (MENAT), with a presence in nine countries.
The UAE is the headquarters of our operations in this region, which cover: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Turkey and the United Arab Emirates. In Saudi Arabia, HSBC is a 29.2% shareholder of Saudi British Bank (SABB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom.
This presence, the widest reach of any international bank in the region, comprises some 350 offices and around 9,500 employees. In 2021 HSBC celebrated 75 years of doing business in Dubai. We hit this milestone with ambitious plans for growth in the UAE, that itself celebrated its Golden Jubilee that year. With award-winning and market-leading capabilities in Global Banking & Markets, Commercial Banking, Trade Finance, Payments and Transactions, Sustainable Finance, and Wealth & Personal Banking, HSBC is thinking big because the UAE inspires us to think big.
