Saturday 19 April 2014
 
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Abu Dhabi Islamic bank

ADIB Egypt swings to $14.5m profit in 2013

Abu Dhabi Islamic Bank (ADIB) Egypt has reported a net income of EGP103 million ($14.5 million) for the year ending December 31, 2013, compared to EGP855 million loss in 2012. The bank reported gross revenues of EGP580 million, wi

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Barclays to sell UAE retail ops to ADIB

Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB), ADIB said on Sunday. ADIB, the emirate's largest sharia-compliant lender, said the acquisition was expecte

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ADIB to pay out half of profit as dividend

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013. The bank will also issue

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Adib offers salary transfer deal with perks

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, has launched a new package for people who transfer their salary to Adib, including a free credit card, free remittance services and a chance to win two years&rsquo

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ADIB's profit leaps on higher revenue

Abu Dhabi Islamic Bank (ADIB) reported a 41 per cent rise in fourth-quarter net profit helped by higher revenue from its core business, beating analysts' forecasts. Banks in the UAE are reaping the benefits of a recovering eco

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Adib, US expert discuss global economy

Senior 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

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Abu Dhabi Islamic Q1 net profit up 8pc

  Abu Dhabi Islamic Bank reported a first quarter net profit of Dh389.6 million ($106.07 million), up 8.1 per cent from the prior-year period, company statement said on Tuesday.

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Adib provides $163m financing to Manazel

Abu 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

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Adib provides $163m financing to Manazel

Abu 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

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Adib opens 24th branch in Abu Dhabi

Abu 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

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