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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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بالعربية

Abu Dhabi Islamic Bank > Page 2

Abu Dhabi Islamic Bank

Abu Dhabi

Abu Dhabi’s ADIB provides $136mn Sharia’a-compliant financing for Jubail Island construction

by Anup OommenMon 25 Apr 2022Mon 25 Apr 2022

With coastal views, mangrove forests, and a central location, the Jubail Island community development will be home to 10,000 UAE citizens and residents within the next four years

adib saudi arabia
Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank provides $61 million in financing for green-certified projects in Saudi Arabia

by Anup OommenWed 23 Mar 2022Wed 23 Mar 2022

In collaboration with MUFG, Alimna Bank, Riyad Bank, and Siemens Bank, $480 million of green finance has been allocated for three independent sewage treatment plants (ISTP) in Saudi Arabia

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank posts 45% jump in annual net profit

by Andrew Sambidge Mon 7 Feb 2022Mon 7 Feb 2022

ADIB chairman says improving UAE economy will offer opportunities ‘to develop corporate and retail banking businesses’

Sainsbury’s: Sainsburys is the second largest chain of supermarkets in the United Kingdom with a total of 1,203 supermarkets and convenience store locations. Founded in 1869, the grocery outlet carries everything from appliances, toys, food and beverages, home and garden supplies, and technology.
Abu Dhabi Islamic Bank

Abu Dhabi bank finances deal for Sainsbury’s supermarket in Scotland

by Andrew Sambidge Thu 3 Feb 2022Thu 3 Feb 2022

UK branch of Abu Dhabi Islamic Bank provides structured financing of $27m for Urbium Capital Partners

Abu-Dhabi-Islamic-Bank_ADIB
Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank raises $160m for new sukuk fund

by Andrew Sambidge Thu 13 Jan 2022Thu 13 Jan 2022

Fund offers investors an opportunity to invest in a portfolio of regional and international sukuk instruments

ADIB
abu dhabi banking

Abu Dhabi Islamic Bank says to make weekend switch in January

by Andrew Sambidge Mon 27 Dec 2021Thu 13 Jan 2022

ADIB’s offices will adopt a four-and-a-half day working week with a half-day on Fridays

Abu-Dhabi-Islamic-Bank_ADIB
Abu Dhabi Islamic Bank

ADIB expands UK footprint, provides over $272m in commercial real estate financing in 2021

by Lara AbouelkheirTue 14 Dec 2021Tue 14 Dec 2021

The leading Islamic bank closed two UK deals in November alone, elevating its UK portfolio to around $680.6m

adib saudi arabia
Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank hires new CEO to drive growth ambitions

by staff writerFri 19 Nov 2021Fri 19 Nov 2021

Nasser Abdulla Al Awadhi will take the ADIB helm from January 9 and moves from Dubai Islamic Bank

Abu Dhabi's biggest Islamic bank weighs merger deals outside UAE
Abu Dhabi Islamic Bank

Abu Dhabi’s biggest Islamic bank weighs merger deals outside UAE

by Staff Writer Mon 1 Nov 2021Tue 9 Nov 2021

A saturated banking market and sluggish economic growth at home have pushed UAE banks to look for expansion abroad

ADIB reports 43% net profit surge for first nine months of 2021
Abu Dhabi Islamic Bank

ADIB reports 43% net profit surge for first nine months of 2021

by Staff Writer Sun 31 Oct 2021Mon 8 Nov 2021

Leading Islamic bank saw net profit increase to $435,611, compared to $304,927 in corresponding period for 2020, supported by a 4 percent growth in revenue

ADIB
Abu Dhabi Islamic Bank

ADIB reports 43% net profit surge for first nine months of 2021

by Staff Writer Sun 31 Oct 2021Tue 9 Nov 2021

Leading Islamic bank saw net profit increase to $435,611, compared to $304,927 in corresponding period for 2020, supported by a 4 percent growth in revenue

Digital payment
Abu Dhabi Islamic Bank

Abu Dhabi bank to launch UAE’s first virtual Buy Now Pay Later prepaid card

by Staff Writer Sun 26 Sep 2021Mon 1 Nov 2021

Abu Dhabi Islamic Bank has partnered with Spotii to allow customers to spread out the cost of their purchases

UAE millennials and Gen Zs are looking for a dedicated digital channel that truly delivers their banking needs and financial goals.
Abu Dhabi Islamic Bank

ADIB launches world’s first Islamic digital bank dedicated to youth

by ITPMon 23 Aug 2021Wed 6 Oct 2021

Dubbed Amwali digital bank, it aims to empower the UAE’s digitally savvy youth, offering them an entire suite of banking services via a dedicated app

The subject property known as Vibe Student Living comprises a purpose-built student accommodation (PBSA) asset situated in Kingston-upon-Thames, which was completed in February 2018. 
Abu Dhabi Islamic Bank

Abu Dhabi bank finances $33m UK student accommodation deal

by Staff writerWed 18 Aug 2021Mon 8 Nov 2021

Abu Dhabi Islamic Bank supports Bahrain-based Blacksand with its latest acquisition.

One of the transactions comprises a purpose-built supermarket extending to over 34,000 sq ft in Weston-super-Mare, Somerset. The building is leased to retail major Waitrose until May 2045.
Abu Dhabi Islamic Bank

Abu Dhabi bank provides $54m financing for UK supermarket deals

by Staff writerSat 14 Aug 2021Wed 6 Oct 2021

Abu Dhabi Islamic Bank announces it has provided structured Islamic financing for Tesco and Waitrose supermarkets

Abu Dhabi Islamic Bank has partnered with the UAE’s Ministry of Interior to launch the facial recognition technology.
Abu Dhabi Islamic Bank

ADIB becomes first UAE bank to use facial recognition for account opening

by ITPMon 2 Aug 2021Wed 6 Oct 2021

Facial recognition system, provided by the UAE’s Ministry of Interior, allows for instant identity verification for new account opening

Abu Dhabi Islamic Bank

Abu Dhabi bank first in the UAE to launch on-site nursery to boost work-life balance

by Staff writerTue 29 Jun 2021Wed 6 Oct 2021

Abu Dhabi Islamic Bank says move is in line with its broader employee wellness strategy of supporting working parents

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