Abdul Hameed Shoman, founder Abdel Hamid Shoman (Arabic: عبد الحميد شومان, born in – died on September 12, ) [1][2] was a prominent Palestinian businessman, philanthropist, and banker. He is best known as the founder of the Arab Bank (Arabic: البنك العربي), which became one of the largest financial institutions in the Middle East.
Abdul Majeed Shoman was born Abdul Hameed Shoman is renowned for establishing the Arab Bank, a leading financial institution in the Arab world. His vision and efforts in banking significantly contributed to the economic development of the region and played a pivotal role in supporting Arab nationalism and independence movements.
Abdul Majeed was born in Like many Arabs from the Syrian provinces in the late Ottoman era, Shuman emigrated to the United States in He was 23 years old. He had a mind for business, first working as a traveling salesman and then opening his own shop, which soon grew into a factory for ready-to-wear clothes.
The Abdul Hameed Shoman Abdul Hameed Shoman, founder of the Arab Bank, was born in in the Palestinian village of Beit Hanina. It so happened that he grew up during one of the more perilous periods of modern history, in which cataclysmic changes were taking place.
As chairman and chief The Arab Bank story begins nearly 20 years before it was founded, in when Abdul Hameed Shoman emigrated to the US with $32 in his pocket. He first found success as a door-to-door salesman in New York before eventually running a thriving textiles business.
Abdul Hameed Shoman, the founder, Abdul Majeed Shoman became Chairman and General Manager of Arab Bank in and aimed to expand the Bank’s activities and open new branches world wide. Global expansion continued with the opening of branches in Frankfurt, London, Australia, New York, Singapore as well as many other cities.
Experienced academic with a history
This was the vision that moved Abdul Hamid Shoman (), who invented a unique financial institution from scratch, at a time when Arab nationalists were caught in revolutionary fervour. 1984: The Indomitable Arab: Aligned with the strategic objectives of our Foundation and its continuous efforts to support artists, intellectuals, creatives, and activists in the cultural and intellectual sectors, the Abdul Hameed Shoman Foundation proudly announces the opening of the application process for cultural grants for the year in Jordan and Palestine.