Sunday 2 August 2015
 
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ADIB

ADIB’s rights issue subscription to begin on August 23

Abu Dhabi Islamic Bank’s (ADIB) Dh504 million ($137.2 million) rights offer is set to begin on August 23 and will go on till September 10. This follows ADIB’s recent approval of its capital raising plan by way of a rig

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ADIB net profit increases 10.5pc to $136m in Q2

Abu Dhabi Islamic Bank (ADIB), a tier one financial services company, has reported a net profit of Dh502.6 million ($136.7 million) for the second quarter of the year, a 10.5 per cent increase from the same period last year. The n

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Ethical finance award to close entry submissions on July 8

The 2015 Ethical Finance Innovation Challenge Awards (Efica) sponsored by Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters, is closing entry submissions on July 8. This year’s focus is on ideas that will help broaden the ap

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ADIB launches 'women in leadership' programme

Abu Dhabi Islamic Bank (ADIB), a top tier financial services institution, has launched the Tamkeen Women in Leadership Programme, a leadership training programme dedicated to female bankers. The programme aims at encouraging more

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ADIB launches 'women in leadership' programme

Abu Dhabi Islamic Bank (ADIB), a top tier financial services institution, has launched the Tamkeen Women in Leadership Programme, a leadership training programme dedicated to female bankers. The programme aims at encouraging more

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ADIB investors back rights issue, sukuk plans

Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved plans to raise Dh504 million ($137.22 million) of share capital through a rights issue, it said in a statement. The timing of the share issue, which will see shareholders

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ADIB postpones finance instalments repayment

Abu Dhabi Islamic Bank (ADIB) has postponed monthly repayment for personal and auto finance customers during Ramadan. The payment break is being offered to ADIB customers to provide cash-flow relief during the holy month which is

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Ethical finance awards opens for entries

The 2015 Ethical Finance Innovation Challenge Awards (EFICA) in its third edition has opened for entries. The awards, which will focus on ideas that will help broaden the appeal of ethical finance to a global audience and to rewar

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ADIB wins top UAE business award

Abu Dhabi Islamic Bank, (ADIB), a leading Islamic financial services institution, said it has won an award in the ‘Financial Services’ category of the 8th annual Mohammed bin Rashid Al Maktoum Business Award, held in Dubai, UAE.

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Abu Dhabi Islamic Bank eyes expats as industry growth slows

Abu Dhabi Islamic Bank will focus on winning more business in the United Arab Emirates' expatriate community this year as growth in the national banking sector slows, chief executive Tirad Mahmoud said. Total UAE banking secto

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