Tuesday 23 December 2014
 
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ADIB

Adib provides $272m refinancing for Baniyas projects

UAE-based Abu Dhabi Islamic Bank (Adib) has finalised a Dh1-billion ($272 million) financing facility to Baniyas Investment & Development Company (BIDC) to refinance the latter's construction projects in the UAE capital. The tra

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ADIB receives Sheikh Khalifa excellence award

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial services group, has been awarded the Gold Category of the prestigious Sheikh Khalifa Excellence Award for its achievements during the past year. The award was presented du

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ADIB offers low-risk exposure to EU equities

UAE-based Abu Dhabi Islamic Bank (ADIB) said it is offering a new 100 per cent capital-protected note that gives investors exposure to European equities. Having suffered in the wake of the global economic crisis, European equities

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Adib Q3 net profit jumps 20.5pc to $129m

Abu Dhabi Islamic Bank (Adib) has reported a net profit of Dh476.8 million ($129.78 million) for the third quarter (Q3) of the year, as against Dh395.5 million ($107.6 million) in Q3 2013, marking a rise of 20.5 per cent. The fina

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ADIB, Reuters select three finalists for ethical awards

Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters have selected the finalists for their annual Ethical and Islamic Finance Innovation Awards (EFICA). The shortlist includes a rural development project in Sudan, a crowdsourcing web

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Adib offers low-risk sharia-compliant stocks

Abu Dhabi Islamic Bank (Adib) is offering investors low-risk exposure to global sharia-compliant stocks through a new 100 per cent capital-protected note that tracks the Dow Jones Islamic Market Titans 100 index. The launch of the

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ADIB completes Barclays unit purchase

Abu Dhabi Islamic Bank (ADIB) said it has formally completed the purchase of Barclays’ UAE retail banking business from the British lender. As per the new deal, ADIB and Barclays will now work closely to ensure the seamless

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Abu Dhabi properties stable after 6-month rise

The real estate market in Abu Dhabi is stabilizing after six months of rising values, which resulted in  yields being eroded, lower loan to value ratios and limited availability of quality apartments, a report said. Despite t

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ADIB net profit jumps 22.5pc, cites higher revenue

Abu Dhabi Islamic Bank (ADIB), the largest sharia-compliant lender in the emirate, beat analysts' estimates on Sunday as it posted a 22.5 per cent jump in second-quarter net profit as core business income boo

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ADIB opens new branch in Abu Dhabi

Abu Dhabi Islamic Bank (ADIB) has opened its 80th UAE branch in the Shahama area in west Abu Dhabi.   The facility will offer customers the full range of retail and commercial services and will further strengthen

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