Friday 29 March 2024
 
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Abu Dhabi Islamic

Adib wins 7 EMEA Finance Achievement Awards

Abu Dhabi Islamic Bank (Adib), a leading financial institution, has received an unprecedented sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held recently in London, UK. In the Islami

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Abu Dhabi Islamic opens new gold centre in Dubai

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has opened its 12th Gold Center in the United Arab Emirates, the fourth location it has established in Dubai. The new center is located in Dubai’s Al Barsha Mal

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ADIB 9-month profit up 13pc to $460m

Abu Dhabi Islamic Bank (ADIB) Group has announced a net profit of Dh1.69 billion ($460.11 million) for the first nine months of 2017, a 13 per cent year-on-year increase.   Net profit for the third quarter of 201

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Abu Dhabi Islamic Q2 net profit up 1pc

Abu Dhabi Islamic Bank (ADIB) on Thursday posted a 1 per cent rise in second quarter net profit. The emirate's largest sharia-compliant bank made a net profit of Dh507.5 million ($138.2 million) in the three months ending June

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ADIB offers new merchant solution to SMEs

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, launched a full merchant solution that consists of bundled products and services that cater to the various financial and transactional needs of SMEs in the UAE. The p

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Abu Dhabi Islamic to back key DFRE events

UAE’s Abu Dhabi Islamic Bank (Adib) has become a strategic partner of the Dubai Festivals and Retail Establishment (DFRE) to sponsor and support key festivals and events during 2016. Through the sponsorship, Adib will be the

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Abu Dhabi Islamic to back key DFRE events

UAE’s Abu Dhabi Islamic Bank (Adib) has become a strategic partner of the Dubai Festivals and Retail Establishment (DFRE) to sponsor and support key festivals and events during 2016. Through the sponsorship, Adib will be the

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ADIB’s $137m rights issue oversubscribed 3 times

Abu Dhabi Islamic Bank (ADIB) has raised Dh504 million ($137 million) in its rights issue, which was nearly three times oversubscribed with Dh1.46 billion in subscriptions received. The rights issue, the first tradable rights issu

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Abu Dhabi Islamic eyes Asia, Mena acquisitions

Abu Dhabi Islamic Bank (ADIB), which recently failed in its bid for Citigroup's Egypt retail business, is targeting acquisitions in 2016 in Asia, the Middle East, and North Africa, its chief executive said. Tirad Al Mahmoud sa

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FGB, Adib beat profit estimates for Q2

Abu Dhabi lenders First Gulf Bank (FGB) and Abu Dhabi Islamic Bank posted rises in second-quarter net profits on Wednesday, beating analysts' forecasts. FGB, the second largest lender by market value in the United Arab Emirate

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