Deutsche Bank – a strong partner in the Middle East & North Africa

 

Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in more than 70 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.

 

Deutsche Bank’s commitment in the MENA region is more than a century old, beginning with the Bank’s financing of the construction of the Baghdad railway.

 

Deutsche Bank opened its first representative office in Cairo in 1959, followed by two branches in Karachi and Lahore in the sixties. In 1976, Bahrain Representative Office was established along with another branch in Islamabad in Pakistan in 1996.

 

In 1999, Deutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in the UAE’s Capital Abu Dhabi in 1999, followed by two offices in Dubai: a representative office inaugurated in 2001 and a branch at the Dubai International Financial Centre (DIFC) in 2005.

 

In April of 2006, Deutsche Bank opened a branch in the Kingdom of Saudi Arabia, in the capital Riyadh. In November of 2007, Deutsche Bank opened its branch in the Qatar Financial Centre in Doha.

 

The opening of Deutsche Bank AG Abu Dhabi Branch in 2010 further demonstrates the bank's commitment to the UAE market, with a particular emphasis on its Global Transaction Banking (GTB) division.

 

Deutsche Bank AG in the MENA region offers the full range of investment banking, asset management; private wealth management; and global transaction banking services. Deutsche Bank AG is well recognized for its leading role on some of the most prestigious regional transactions. The Bank is the recipient of several regional and international awards in recognition for its achievements in investment banking and Islamic finance in the region.

 

The global focus of Deutsche Bank's social responsibility is reflected in its regional units and foundations. Hence, the decision to establish Deutsche Bank’s Middle East Foundation stemmed from Deutsche Bank’s deep-seated belief in the necessity of companies contributing to the societies in which they operate. Established in 2008, Deutsche Bank’s Middle East Foundation is one of the Bank’s many foundations around the globe across Asia, Africa, Europe and the Americas. Deutsche Bank’s Middle East Foundation focuses on funding investments in arts, education, community development, sustainability, and volunteering in the Middle East North Africa region.

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Last Update: March 18, 2014
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