# Arab Financial Services

Arab Financial Services is a Corporate Investor based in Manama, Bahrain.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Manama, Bahrain
- **Region:** Middle East
- **Address:** Level 12 & 14, Harbour Tower East, Bahrain Financial Harbour, Manama, Bahrain
- **Founded:** 1984
- **Assets under management:** Undisclosed
- **Website:** afs.com.bh
- **LinkedIn:** https://www.linkedin.com/company/arab-financial-services

## Regulatory record

- **Reports private funds:** No

## About

Arab Financial Services was established in 1984 in Bahrain. Sael Al Waary serves as Chairman. The firm operates as a corporate investor and payment processor under the majority ownership of Bank ABC. It provides payment products and merchant acquiring services. Geographic reach covers the Middle East and Africa. Confirmed partnerships include ila Bank for prepaid cards and Comera Pay for UAE merchant acquiring. Additional collaborations involve GHL Systems Berhad for Thailand transaction processing. The firm maintains four offices and three data centers. No recent operational events from the last 24 months are recorded in available sources. Memberships include the Union of Arab Banks and the Arab Federation of Capital Markets. Ownership by Bank ABC creates a direct corporate linkage that shapes mandate and capital deployment.

## Sectors

- Payments
- Financial Services

## Offices

- Egypt
- UAE
- Oman

## People

- Sael Al Waary — Chairman of the Board of Directors
- Samer Soliman — Chief Executive Officer

## Questions

### Who owns Arab Financial Services?

Bank ABC holds majority ownership as the parent entity.

### What services does Arab Financial Services provide?

The firm offers payment products, merchant acquiring, and related financial services to banks and merchant groups.

### Which regions does Arab Financial Services operate in?

Operations span the Middle East and Africa with offices in Bahrain, Egypt, the UAE, and Oman.

### Who are the key executives at Arab Financial Services?

Samer Soliman serves as Chief Executive Officer and Sael Al Waary serves as Chairman of the Board of Directors.

### Does Arab Financial Services maintain partnerships with other financial entities?

Yes. Partnerships include ila Bank, Royal Group via Comera Pay, and GHL Systems Berhad.

## Related profiles

- [Arab Banking Corporation](https://altss.com/profile/arab-banking-corporation)
- [Arab Insurance Group](https://altss.com/profile/arab-insurance-group)

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Last updated: 2026-06-03T20:00:00.000Z

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