JPMorgan expands midcap banking hub in Dubai #
JPMorgan Chase is expanding its global midcap banking operations in Dubai, strengthening its presence in the Middle East as part of a broader strategy to support fast-growing mid-sized companies, according to Reuters. The expansion will establish Dubai as one of JPMorgan’s regional centres for serving corporate clients in Europe, the Middle East, and Africa (EMEA)
The initiative targets firms with annual revenues between $100 million and $2 billion—an increasingly competitive segment for international banks seeking to capture cross-border financing and advisory opportunities. JPMorgan executives said the Dubai hub will focus on providing trade finance, treasury services, and capital-markets access to privately held and family-owned businesses in the region
The move reflects the growing importance of the UAE as a financial gateway for midmarket clients expanding globally. By anchoring its operations in Dubai, JPMorgan aims to leverage the city’s strategic position, regulatory environment, and connectivity to support midcap growth across emerging markets.