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Adib, US expert discuss global economySenior officials of Abu Dhabi Islamic Bank (Adib) met recently with renowned US economist Larry Summers to discuss developments in the regional and global economy during a visit to the UAE capital. Summers served as the Secretary More… |
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ADIB arranges $82m funding for Sharjah firmAbu Dhabi Islamic Bank (ADIB), a key Islamic financial services institution, said it had closed a Dh302 million ($82 million) syndicated Islamic financing deal for Sharjah-based Emirates National Factory for Plastic Industries (ENPI). More… |
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Adib provides $163m financing to ManazelAbu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The More… |
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Adib provides $163m financing to ManazelAbu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The More… |
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ADIB profits hit record $326mAbu Dhabi Islamic Bank Group net profit for 2012 reached a record Dh1.201 billion ($326 million), compared to Dh1.155 billion in 2011, an increase of 4 per cent. The group reported a net r More… |
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Adib opens 24th branch in Abu DhabiAbu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, has opened its latest branch at Khalifa City “A”, in South West Abu Dhabi, marking its 24th branch in Abu Dhabi and 74th in the UAE. Thi More… |
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ADIB to sell $1bn in debut sukukAbu Dhabi Islamic Bank, the emirate's largest sharia-compliant lender, launched a $1 billion sharia-compliant hybrid Islamic bond, or sukuk, on Thursday to boost its core capital, arranging banks said, after attracting stro More… |
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ADIB eyes capital boost through sukuk saleAbu Dhabi Islamic Bank is planning to boost its capital through the sale of a sharia-compliant debt instrument, in what would be a rare method by a regional lender to boost its core capital ratios. ADIB, the largest sharia-complia More… |
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ADIB sees subdued 2012 profit, Q1 flatAbu Dhabi Islamic Bank warned on Sunday that profit growth for the rest of the year would be "subdued" as it posted flat income for the first quarter of 2012 on increased provisioning. ADIB, the second-largest Islamic lender in the UAE, ma More… |
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ADIB unit holds talk on financial educationDana Women’s Banking, Abu Dhabi Islamic Bank’s (ADIB) specialized banking division for women in the UAE, made a presentation on financial education at a symposium on the sidelines of the Women as Global Leaders 2012 conference. The confere More… |
