Tuesday 7 July 2015
 
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Abu Dhabi Islamic bank

Adib EGM to vote on capital raising plan

Abu Dhabi Islamic Bank (Adib) will hold an extraordinary general meeting (EGM) on June 21 to vote on a proposal to raise capital through a rights issue to support the bank’s continued growth. It will also hold a vote on a pr

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Adib eyes UAE expats as industry growth slows

Abu Dhabi Islamic Bank (Adib) will focus on winning more business in the United Arab Emirates' expatriate community this year as growth in the national banking sector slows, the bank’s chief executive said. Total UAE ban

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Adib offers investors access to German exporters

Abu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is offering a new 100 per cent capital-protected note that gives investors exposure to blue chip German companies that are experiencing potential export growth.

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ADIB eyes capital boost after Q4 profit growth

Abu Dhabi Islamic Bank said on Sunday it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post a 19.3 per cent rise in fourth-quarter net profit. Banks in the U

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Adib in tie-up to promote financial education

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, has signed a partnership agreement with the UAE’s Ministry of Social Affairs to promote financial education. Adib will support the "Tejur

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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 arranges $420m financing for Zakher Marine

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has signed an agreement with the UAE-based Zakher Marine International to arrange a $420 million financing facility for its new shipbuilding programme.

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ADIB arranges $420m financing for Zakher Marine

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has signed an agreement with the UAE-based Zakher Marine International to arrange a $420 million financing facility for its new shipbuilding programme.

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Oxford Business Group partners with ADIB

Oxford Business Group (OBG), a global publishing, research and consultancy, has partnered with UAE lender Abu Dhabi Islamic Bank for the 2015 Economic and Business report. The bank will work with OBG to compile the Islamic financi

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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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