Egypt’s EHA eyes digital health cooperation with ADIB
Egypt's Healthcare Authority (EHA) head Ahmed El-Sobky and Abu Dhabi Islamic Bank (ADIB) Egypt CEO Mohamed Ali…
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ADIB Egypt
ADIB-Egypt receives Global Finance’s Best Islamic Financial Institution Award
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) received Global Finance Magazine’s Best Islamic Financial Institution in…
Egyptian pound vs dollar at midday trade on Tuesday
The Egyptian pound (EGP) witnessed slight fluctuations against the US Dollar (USD) during the midday trading on…
ADIB Egypt posts 111.47% YoY rise in H1 profits
Abu Dhabi Islamic Bank Egypt (ADIB-Egypt) recorded an increase of 111.47 percent year-on-year (YoY) in consolidated…
ADIB Egypt bank names Minister Al-Mashat as board member
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has appointed Egypt’s Minister of International Cooperation Rania…
Abu Dhabi Islamic Bank Egypt 2022 net profit jumps 51%
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) reported on Sunday a 51 percent year-on-year growth in net profit to…
ADIB wants to launch digital bank in Egypt: CEO
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) plans to launch its first digital bank as it seeks to get the Egyptian…
Abu Dhabi Islamic Bank Egypt launches new sukuk firm
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Sunday it is launching a new sukuk unit worth 10 million…
Egypt’s pound weakens to EGP 30.83 to dollar at midday
Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening
Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…
ADIB Egypt bank receives 20 awards in 2022
Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) has received a total of 20 banking awards from prestigious international…
Egypt’s pound drops to EGP 30 against dollar at closing
Egypt’s pound currency has recorded EGP 30.03 against the U.S. dollar during the closing trade at banks on Monday.
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
Egypt’s pound inches down to EGP 27.60 against dollar in some banks
Egypt’s pound currency inched down to EGP 27.50 against the U.S. dollar for buy and EGP 27.60 for sell at banks at…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
Abu Dhabi Islamic Bank raises stake in Egypt unit to 52.6%
Abu Dhabi Islamic Bank PJSC (ADIB) has raised its stake in its Egyptian subsidiary ADIB Egypt from 50.2 percent to…
ADI Capital advises on EIIC’s deal with Mahaseel Masr
ADI Capital, the investment banking arm of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt), announced on Wednesday that…
Egypt’s c.bank grants ADIB-Egypt bank preliminary approval to launch prepaid card Takka
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) announced on Thursday that it has received a preliminary approval from…
ADIB Egypt cooperates with SimpliFi platform to develop digitisation system in Egypt
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) and SimpliFi announced their partnership on Monday to help catalyse…
ADIB Egypt bank first-half net profit climbs 49.5%
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday a 49.5 percent year-on-year growth in net profit in…
ADIB Egypt bank expects double profits, assets in 2026
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Tuesday it expects assets and profits to double within five years…
ADIB-Egypt board approves Tycoon’s offer to acquire Alexandria National Company
Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) said on Sunday its board has approved Tycoon Holding Investment’s offer…
Egypt’s regulator reviewing a new Alexandria National Company buyout offer
Egypt’s market regulator is reviewing Tycoon Holding Investment’s binding offer to acquire Alexandria National…
UAE’s Zeta makes formal offer to acquire 90% in Alexandria National Company for Financial…
UAE’s Zeta Investment has formally submitted a mandatory takeover offer to acquire 90 percent stake in Alexandria…
Abu Dhabi Islamic Bank Egypt approves takeover bid for Assiut Islamic Trading
The board of Abu Dhabi Islamic Bank Egypt (ADIB Egypt) on Sunday has given a green light to the takeover bid…
Abu Dhabi Islamic Bank Egypt: 2020 net profit surges to EGP 1.195 billion in 2020
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) announced on Sunday its net profit grew to 1.95 billion Egyptian pounds…
ADIB Egypt receives an acquisition offer for its subsidiary
Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) announced that Kayan for Sustainable Development has submitted an offer…
Abu Dhabi Islamic Bank Egypt posts net profit growth in Q3
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Sunday that its net profit for the third quarter of the year rose…
Egypt’s ADIB bank, Ora Developers clinch $12.2mn financing deal
Egypt's Abu Dhabi Islamic Bank (ADIB) has signed a financing agreement of 200 million Egyptian pounds ($12.2…
ADIB Egypt reports net profit in first quarter earnings, increasing by 78%
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported a surge in first quarter (Q1) net profits for the year 2019,…
Murderer of ADIB Egypt bank CEO Nevine Loutfy sentenced to death
Egypt’s Giza Criminal Court on Monday handed down a death sentence to the killer of Abu Dhabi Islamic Bank (ADIB)…
Murderer of ADIB Egypt bank CEO Nevine Loutfy sentenced to death
Egypt’s Giza Criminal Court on Monday handed down a death sentence to the killer of Abu Dhabi Islamic Bank (ADIB)…
ADIB-Egypt H1 net profit grows 23.8%
Abu Dhabi Islamic Bank (ADIB) says first-half net profit in Egypt rose 23.8 percent from a year ago to record 211.9…
ADIB Egypt looks to secure bridge loan for Saudi Binladin Group’s affiliate
Abu Dhabi Islamic Bank (ADIB) – Egypt is teaming up with four banks to arrange 900 million Egyptian pounds ($49.6…
ADIB Capital secures €40 million for Egypt’s Electricity Holding
ADIB Capital, the investment banking arm of the Abu Dhabi Islamic Bank (ADIB) Egypt, has secured €40 million ($43.8…
ADIB Egypt wins Best Islamic Bank awards from IBF, Banker Africa
Two prestigious magazines have recently named Abu Dhabi Islamic Bank (ADIB) – Egypt as the best Islamic bank in the…
Egypt’s Maridive approves ADIB’s $225 million facility offer
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East,…
ADIB Egypt: Net Positive Income Hit EGP103mn for 1st Time Since 2007
Abu Dhabi Islamic Bank (ADIB) – Egypt announced on Sunday its financial results for the year ending 31st December…
ADIB Egypt Allocates EGP 400 Mln To Finance SMEs Over 2 Years
As part of Abu Dhabi Islamic Bank (ADIB) - Egypt’s (ADIB) plan to expand its financing of SMEs, it has allocated…
Crowell & Moring Advises ADIB Egypt On Landmark Islamic Finance Deal
In a first-of-its-kind transaction in post-revolution Egypt, Crowell & Moring’s Cairo office has advised the…