Abdul Hameed Shoman
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Abdul Hameed Shoman
Abdel Hamid Shoman (, born in 1888 – died on September 12, 1974) was a prominent Palestinians, Palestinian businessman, philanthropist, and banker. He is best known as the founder of the Arab Bank (), which became one of the largest financial institutions in the Middle East. Shoman's contributions to the region's banking sector and his philanthropic efforts have left a lasting legacy. Life and education Shoman was born in 1890 in Beit Hanina, a village near Jerusalem, in the then Ottoman Empire. He came from a modest family background and had limited formal education. His father is Ahmed, and his siblings are Issa, Musa, and Yusuf. His children are Abdul Majeed from his first wife, who passed away while he was abroad, and Khaled and Najwa from his second wife, Saniyya, the daughter of Ahmad Hilmi Abd al-Baqi. He received his initial education in a traditional school (''kuttab'') but did not complete it and instead began working in the village quarries. In 1911, Abdul Hamid Shom ...
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Abdul Hameed Shoman
Abdel Hamid Shoman (, born in 1888 – died on September 12, 1974) was a prominent Palestinians, Palestinian businessman, philanthropist, and banker. He is best known as the founder of the Arab Bank (), which became one of the largest financial institutions in the Middle East. Shoman's contributions to the region's banking sector and his philanthropic efforts have left a lasting legacy. Life and education Shoman was born in 1890 in Beit Hanina, a village near Jerusalem, in the then Ottoman Empire. He came from a modest family background and had limited formal education. His father is Ahmed, and his siblings are Issa, Musa, and Yusuf. His children are Abdul Majeed from his first wife, who passed away while he was abroad, and Khaled and Najwa from his second wife, Saniyya, the daughter of Ahmad Hilmi Abd al-Baqi. He received his initial education in a traditional school (''kuttab'') but did not complete it and instead began working in the village quarries. In 1911, Abdul Hamid Shom ...
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Ahmed Hilmi Pasha
Ahmed Hilmi Abd al-Baqi ( ar, أحمد حلمي عبد الباقي 1883 - 1963) was a soldier, economist, and politician, who served in various post-Ottoman Empire governments, and was Prime Minister of the short-lived All-Palestine Government in the Gaza Strip. Early life He was born 1883 in Sidon and was of Albanians, Albanian origin, being to referred to as al-Arnauti by contemporaries such as Nabih al-Azma, Izzat Darwaza and ‘Ajaj Nuwayhid. Before the collapse of the Ottoman Empire Hilmi attained the rank of General in the Ottoman army. In 1920 he was Minister of Finance for the short-lived Arab Kingdom of Syria in Damascus. He became the Minister of Finance of Jordan, finance minister in Emirate of Transjordan, Transjordan from 1922 to 1924. He was a member of the Committee of Union and Progress. In Mandatory Palestine In 1925, he became the Director General of Waqf, Awqaf in Mandatory Palestine, the organisation headed by Haj Amin al-Husseini, Haj Amin Husseini, which co ...
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Palestinian Economists
Palestinians ( ar, الفلسطينيون, ; he, פָלַסְטִינִים, ) or Palestinian people ( ar, الشعب الفلسطيني, label=none, ), also referred to as Palestinian Arabs ( ar, الفلسطينيين العرب, label=none, ), are an ethnonational group descending from peoples who have inhabited the region of Palestine over the millennia, and who are today culturally and linguistically Arab. Despite various wars and exoduses, roughly one half of the world's Palestinian population continues to reside in the territory of former British Palestine, now encompassing the West Bank and the Gaza Strip (the Palestinian territories) as well as Israel. In this combined area, , Palestinians constituted 49 percent of all inhabitants, encompassing the entire population of the Gaza Strip (1.865 million), the majority of the population of the West Bank (approximately 2,785,000 versus some 600,000 Israeli settlers, which includes about 200,000 in East Jerusalem), an ...
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Businesspeople
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ...
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People From Jerusalem
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of per ...
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Bankers
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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1974 Deaths
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championshi ...
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1888 Births
In Germany, 1888 is known as the Year of the Three Emperors. Currently, it is the year that, when written in Roman numerals, has the most digits (13). The next year that also has 13 digits is the year 2388. The record will be surpassed as late as 2888, which has 14 digits. Events January–March * January 3 – The 91-centimeter telescope at Lick Observatory in California is first used. * January 12 – The Schoolhouse Blizzard hits Dakota Territory, the states of Montana, Minnesota, Nebraska, Kansas, and Texas, leaving 235 dead, many of them children on their way home from school. * January 13 – The National Geographic Society is founded in Washington, D.C. * January 21 – The Amateur Athletic Union is founded by William Buckingham Curtis in the United States. * January 26 – The Lawn Tennis Association is founded in England. * February 6 – Gillis Bildt becomes Prime Minister of Sweden (1888–1889). * February 27 – In West O ...
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Abdul Hameed Shoman Foundation
Arab Bank is one of the largest financial institutions in the Middle East, founded in 1930 in Jerusalem, Mandatory Palestine, as the first private sector financial institution in the Arab world. Headquartered today in Amman, Jordan, it serves clients in more than 600 branches spanning five continents. Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange. The bank is a major economic engine in Jordan and throughout the Middle East and North Africa region, providing banking services and capital, and facilitating development and trade throughout the region. According to its website, the bank is the highest-ranked by market capitalization, and represents approximately 25% of the Amman Stock Exchange. U.S. appellate courts have ruled in the bank's favor in several lawsuits filed in the 2000s alleging its involvement in facilitating the funding of terrorist organizations. History Establishment (1940–1970s) In the 1940s and 1950s, the bank grew to ...
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Nakba
Clickable map of Mandatory Palestine with the depopulated locations during the 1947–1949 Palestine war. The Nakba ( ar, النكبة, translit=an-Nakbah, lit=the "disaster", "catastrophe", or "cataclysm"), also known as the Palestinian Catastrophe, was the destruction of Palestinian society and homeland in 1948, and the permanent displacement of a majority of the Palestinian Arabs. The term is used to describe both the events of 1948 and the ongoing persecution, displacement, and occupation of the Palestinians, both in the occupied West Bank and the Gaza Strip, as well as in Palestinian refugee camps throughout the region. The foundational events of the Nakba took place during and shortly after the 1948 Palestine war, including 78% of Mandatory Palestine being declared as Israel, the exodus of 700,000 Palestinians, the related depopulation and destruction of over 500 Palestinian villages and subsequent geographical erasure, the denial of the Palestinian right of retur ...
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Palestinians
Palestinians ( ar, الفلسطينيون, ; he, פָלַסְטִינִים, ) or Palestinian people ( ar, الشعب الفلسطيني, label=none, ), also referred to as Palestinian Arabs ( ar, الفلسطينيين العرب, label=none, ), are an ethnic group, ethnonational group descending from peoples who have inhabited the region of Palestine (region), Palestine over the millennia, and who are today culturally and linguistically Arabs, Arab. Despite various Arab–Israeli conflict, wars and Palestinian exodus (other), exoduses, roughly one half of the world's Palestinian population continues to reside in the territory of former Mandatory Palestine, British Palestine, now encompassing the West Bank and the Gaza Strip (the Palestinian territories) as well as Israel. In this combined area, , Palestinians constituted 49 percent of all inhabitants, encompassing the entire population of the Gaza Strip (1.865 million), the majority of the population of the We ...
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