Featured EGP fluctuates vs USD in early Monday trade M.S. Salama Jan 6, 2025 0 The Egyptian pound (EGP) was mostly stable against the US dollar (USD) in early trading on Monday, January 06,…
Featured EGP stable vs USD in early Sunday trade M.S. Salama Jan 5, 2025 0 The Egyptian pound (EGP) was mostly stable against the US dollar (USD) in early trading on Sunday, January 05,…
Stocks Gulf stocks mostly fall amid US rate concerns Nada Ali Apr 3, 2024 0 Gulf stock markets went mostly down in early trade on Wednesday, as investors assessed the possibility of the US…
Stocks Gulf stocks gain on Tuesday Nada Ali Apr 2, 2024 0 Gulf stock markets rose in early trading on Tuesday, driven by expectations of increased oil demand in China and…
Stocks Gulf stock market mixed in early trade Nada Ali Apr 1, 2024 0 Gulf stock markets had a mixed performance in early trade on Monday as oil prices rose and investors awaited US…
Stocks Gulf markets up on higher oil prices Nada Ali Mar 28, 2024 0 Gulf stock markets rose on Thursday as oil prices increased after two days of decline.
Stocks Gulf stocks fall on Wednesday due to lower oil prices Nada Ali Mar 27, 2024 0 Gulf stock markets fell on Wednesday due to declining oil prices, influenced by a rise in US crude stockpiles and…
Stocks Gulf markets mixed on Tuesday before US data Nada Ali Mar 26, 2024 0 Gulf stock markets had a mixed start on Tuesday as investors awaited US Federal Reserve interest rate decisions and…
Stocks Gulf stocks mixed in early trade Nada Ali Mar 20, 2024 0 Most Gulf stock markets rose in early trade on Wednesday as investors awaited the Federal Reserve's policy meeting…
Featured Egypt: dollar rates dip slightly at Tuesday’s open Aya El Sayed Mar 19, 2024 0 Minor fluctuations in USD exchange rates noted by Egypt’s Central Bank at the start of trading on Tuesday, March…
Featured Egyptian pound flat in early trading Aya El Sayed Mar 18, 2024 0 The Central Bank of Egypt (CBE) reported differences in USD exchange rates at the start of trading on Monday, March…
Featured Egyptian pound hits 47.90 versus USD Aya El Sayed Mar 17, 2024 0 Egypt’s banks displayed slight differences in USD exchange rates on March 17, 2024. The Central Bank of Egypt (CBE)…
Banks CIB leads banking sector gains in EGX Sunday trading Aya El Sayed Mar 10, 2024 0 In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Banks ADIB Egypt bank names Minister Al-Mashat as board member Nada Ali Aug 1, 2023 0 Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has appointed Egypt’s Minister of International Cooperation Rania…
Banks ADIB-Egypt signs IFC first murabaha funding deal worth $50 mln Nada Ali Jul 17, 2023 0 Abu Dhabi Islamic Bank - Egypt (ADIB) signed a support financing agreement with the International Finance…
Money Abu Dhabi Islamic Bank Egypt 2022 net profit jumps 51% mohamed Hamdy Mar 19, 2023 0 Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) reported on Sunday a 51 percent year-on-year growth in net profit to…
Money ADIB wants to launch digital bank in Egypt: CEO mohamed Hamdy Mar 19, 2023 0 Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) plans to launch its first digital bank as it seeks to get the Egyptian…
Money Abu Dhabi Islamic Bank Egypt launches new sukuk firm mohamed Hamdy Mar 19, 2023 0 Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Sunday it is launching a new sukuk unit worth 10 million…
News ADI’s Yasmine Helal talks over her next goals after Top 5o award: exclusive interview Nada Ali Mar 16, 2023 0 Yasmine Helal, CEO and Managing Director of Abu Dhabi Islamic Bank, has been named among the top 50 influential…
Featured Egypt offers initial price by 11.625% of USD dominated sukuk Sama Mousa Feb 21, 2023 0 Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
Money ADIB Egypt bank receives 20 awards in 2022 Amwal Al Ghad English Feb 9, 2023 0 Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) has received a total of 20 banking awards from prestigious international…
Money Egypt’s pound surpasses EGP 27 level against dollar at closing Mostafa Mahmoud Jan 5, 2023 0 Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
Money Abu Dhabi Islamic Bank raises stake in Egypt unit to 52.6% Yomna Yasser Jan 2, 2023 0 Abu Dhabi Islamic Bank PJSC (ADIB) has raised its stake in its Egyptian subsidiary ADIB Egypt from 50.2 percent to…
Money ADI Capital advises on EIIC’s deal with Mahaseel Masr Yomna Yasser Dec 28, 2022 0 ADI Capital, the investment banking arm of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt), announced on Wednesday that…
Money Egypt’s c.bank grants ADIB-Egypt bank preliminary approval to launch prepaid card Takka Yomna Yasser Dec 1, 2022 0 Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) announced on Thursday that it has received a preliminary approval from…
Money ADIB Egypt bank first-half net profit climbs 49.5% Mostafa Mahmoud Aug 10, 2022 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday a 49.5 percent year-on-year growth in net profit in…
Money ADIB Egypt bank expects double profits, assets in 2026 Mostafa Mahmoud Jun 14, 2022 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Tuesday it expects assets and profits to double within five years…
Money HSBC, Citi among banks to manage Egypt’s first Islamic bonds Amwal Al Ghad English Feb 24, 2022 0 Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Money ADIB-Egypt board approves Tycoon’s offer to acquire Alexandria National Company Amwal Al Ghad English Aug 15, 2021 0 Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) said on Sunday its board has approved Tycoon Holding Investment’s offer…
Money Abu Dhabi Islamic Bank Egypt profits at EGP 1.196 billion at 2020-end mohamed Hamdy Mar 24, 2021 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the…
Featured UAE’s Zeta makes formal offer to acquire 90% in Alexandria National Company for Financial… Amwal Al Ghad English Feb 25, 2021 0 UAE’s Zeta Investment has formally submitted a mandatory takeover offer to acquire 90 percent stake in Alexandria…
Money Abu Dhabi Islamic Bank Egypt approves takeover bid for Assiut Islamic Trading Mostafa Mahmoud Feb 22, 2021 0 The board of Abu Dhabi Islamic Bank Egypt (ADIB Egypt) on Sunday has given a green light to the takeover bid…
Money Abu Dhabi Islamic Bank Egypt: 2020 net profit surges to EGP 1.195 billion in 2020 mohamed Hamdy Feb 21, 2021 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) announced on Sunday its net profit grew to 1.95 billion Egyptian pounds…
Money ADIB Egypt receives an acquisition offer for its subsidiary Amwal Al Ghad English Dec 21, 2020 0 Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) announced that Kayan for Sustainable Development has submitted an offer…
Money Abu Dhabi Islamic Bank Egypt posts net profit growth in Q3 Amwal Al Ghad English Nov 15, 2020 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Sunday that its net profit for the third quarter of the year rose…
Money Abu Dhabi Islamic Bank Egypt 2019 net profit jumps 44% Ahmed Ali & Mostafa Mahmoud Feb 24, 2020 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt), part of the UAE’s largest sharia-compliant lender, posted a 44 percent…
Money Egypt’s ADIB bank, Ora Developers clinch $12.2mn financing deal Amwal Al Ghad English Sep 24, 2019 0 Egypt's Abu Dhabi Islamic Bank (ADIB) has signed a financing agreement of 200 million Egyptian pounds ($12.2…
Money ADIB Egypt reports net profit in first quarter earnings, increasing by 78% Amwal Al Ghad English May 16, 2019 0 Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported a surge in first quarter (Q1) net profits for the year 2019,…
Banks Murderer of ADIB Egypt bank CEO Nevine Loutfy sentenced to death nada nasser Apr 24, 2018 0 Egypt’s Giza Criminal Court on Monday handed down a death sentence to the killer of Abu Dhabi Islamic Bank (ADIB)…
Banks Murderer of ADIB Egypt bank CEO Nevine Loutfy sentenced to death Yomna Yasser Apr 24, 2018 0 Egypt’s Giza Criminal Court on Monday handed down a death sentence to the killer of Abu Dhabi Islamic Bank (ADIB)…