Latest in Tag: abu dhabi Islamic bank Highlight
Latest in Tag: abu dhabi Islamic bank

Abu Dhabi Islamic Bank aims to increase its corporate finance portfolio to EGP 45bn by end-2022
Bank aims to increase SME finance to EGP 10.5bn in 2022: Ali

ADIB – Egypt wins 15 global awards in 2021
ADIB Egypt receives recognition for remarkable performance in Sharia compliant banking, customer service last year

Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each

ADIB-Egypt’s profits jump by 35% to EGP 850m in 2018
Bank to settle tax disputes of EGP 1bn by 2020, says ADIB-Egypt’s CEO

5 major banks represent UAE in Egyptian market
List includes Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Islamic Bank, UNB Egypt, Mashreq

Telecom Egypt signs $200m financing deal with Afreximbank, managed by ADIB
Participating in deal of this size emphasises bank’s growth strategy, says Aly

Abu Dhabi Islamic Bank to enjoy stronger capital base after robust earnings: report
Lender is set to go ahead with planned rights issue by 2020

ADIB adopts ambitious strategy to enhance its presence in Egyptian market: Aly
Bank strengthens its geographical presence by opening Thawra, Fifth Settlement branches

ADIB appoints Mohamed Aly as CEO, MD of ADIB Egypt
Abu Dhabi Islamic Bank (ADIB) has appointed Mohamed Aly as CEO of ADIB Egypt. Mohamed has over 30 years of international experience in the financial services and banking industry, having held senior leadership roles at several banks in the MENA region. Prior to joining ADIB, Mohamed was the CEO at Mashreq Bank’s Egypt business. Commenting …

EGP 11.7bn funding portfolio of corporate finance in Abu Dhabi Islamic bank by end of June 2017
EGP 1bn allocated to fund SMEs, local retail portfolio increases to EGP 4.3bn, volume of the portfolio managed by the bank reaches 12.2bn

EGP 16bn volume of deals implemented by Abu Dhabi Islamic Capital-Egypt since 2012
The company receives an international award for its role in marketing EGP 2bn worth of funds for the EETC

ADIB posts EGP 1.852bn increase in net loans portfolio
Loans portfolio at the bank increased by 1% in Q4 of 2015, compared to Q3, and by approximately 21.9% compared to December 2014: Beltone

ADIB Egypt redistributes its network across Egypt by opening 8 new branches
Redistributing branches gives the bank a better chance to serve the Egyptian economy

‘State of Sinai’ militants threaten to kill Croatian hostage
Militant extremist group “State of Sinai” threatened to kill Croatian hostage Tomislav Salopek, if Egypt doesn’t release “Muslim female captives”, in new video released Wednesday. Salopek was shown in the short video wearing orange prisoner clothes, which are given to captives by groups affiliated to the “Islamic State” (IS) militant group. Right next to him is a militant in combat …

3 banks arrange syndicated loan of EGP 1.3bn for Evergrow
List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank
ADIB aims to lead Egypt’s Islamic banking market: Managing director
Abu Dhabi Islamic Bank (ADIB) in Egypt has achieved profits for the first time since late 2007, said CEO and managing director of ADIB Nevine Lotfy on Friday, adding that the profit represents “the fundamental shifts” of the bank after a restructuring plan six years ago. Lotfy noted that ADIB ranked the first in the …

Court case calls for revoking deal to sell National Development Bank to Abu Dhabi Islamic Bank
The Abu Dhabi Islamic Bank and its shareholders offered to buy the NBD for EGP 11bn