
Abdul Hameed Shoman
Founder of Arab Bank, Philanthropist
- Born
- 1890
- Born in
- Beit Hanina, Palestine
- Path
- Entrepreneurship
Why Abdul is here
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.
Their story
Abdul Hameed Shoman was a Palestinian businessman and banker who founded the Arab Bank, one of the largest financial institutions in the Arab world. His journey began with immigration to the United States, where he achieved business success, which he later leveraged to support Arab economies through banking. His work extended beyond banking to include significant contributions to cultural and scientific fields through the Abdul Hameed Shoman Foundation.
Milestones
The moments that shaped Abdul’s path.
1911
Immigrated to the United States and achieved business success.
1930
Founded the Arab Bank.
1949
Assumed the role of Deputy Chairman of the Arab Bank.
1964
Became the first Chairman of the Palestinian National Fund and served on the executive committee of the Palestine Liberation Organization.
1978
Established the Abdul Hameed Shoman Foundation.
Legacy
What they built, changed and left behind.
Arab Bank
Founded and expanded the Arab Bank into a major global financial institution.
Economic Development
Played a significant role in the economic development of Arab countries.
Cultural and Scientific Support
Through the Abdul Hameed Shoman Foundation, supported scientific research, culture, and creativity.
Support for Arab Nationalism
Advocated for Arab unity and supported national Arab liberation movements.
MIT Collaboration
Partnered with MIT for the MIT-Arab World Program, fostering international scientific collaboration.
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