Adib reaches one million customer milestoneAbu Dhabi Islamic Bank (Adib), a leading financial institution, has welcomed its one millionth customer in the UAE, nearly double the number it had five years ago. A focus on customer service, combined with considerable investment More… |
ADIB strips cladding from new HQ buildingAbu Dhabi Islamic Bank (ADIB) has replaced the recently-installed exterior cladding panels on its new headquarters tower amid growing scrutiny of tower facades across the globe, said a report. The leading Emirati bank stripped the More… |
ADIB shareholders agree 24.52pc dividendShareholders of Abu Dhabi Islamic Bank (ADIB) have approved the distribution of 24.52 per cent cash dividends for 2016 at the bank’s Annual General Meeting (AGM) held yesterday (April 2). The cash dividend represents 39.8 pe More… |
Abu Dhabi Islamic Q1 profit up 6.9pcAbu Dhabi Islamic Bank on Thursday posted a 6.9 per cent rise in first-quarter net profit, aided by higher revenues and a growth in customers. The emirate's largest sharia-compliant bank made a net profit of Dh482 million ($13 More… |
Adib advises Oldendorff in sale of EshipsAbu Dhabi Islamic Bank (Adib) has acted as the exclusive sell side advisor to Egon Oldendorff KG (EOKG), part of the Oldendorff Group on the full sale of its subsidiary Emirates Ship Investment Company (Eships). Oldendorff is one More… |
ADIB repays sukuk without refinancingAbu Dhabi Islamic Bank repaid its maturing five-year, $750 million sukuk this week from its own sources without refinancing it, the bank said on Saturday. Abu Dhabi's largest sharia-compliant bank made a net profit of Dh503.2 More… |
ADIB says no plans to raise further capitalAbu Dhabi Islamic Bank has no current plans to raise more capital after a rights issue last month, its chief executive said on Monday, adding that the lender would eschew expansion to focus on existing markets. The largest Islamic More… |
ADIB names global head of transaction bankingAbu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution has announced today (September 13) the appointment of Haytham El Maayergi as global head of its Transaction Banking Business. El Maayergi joins from More… |
Adib’s $137m rights issue opens August 23The subscription period for Abu Dhabi Islamic Bank’s (Adib) rights issue, which aims to raise Dh504 million ($137 million), begins tomorrow (August 23) and will run until September 10. During this period, holders of rights a More… |
Adib EGM to vote on capital raising planAbu 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 More… |