Abu Dhabi Islamic Bank - Egypt News - Mubasher Info
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03 September 09:30 AM

Abu Dhabi Islamic Bank - Egypt (ADIB)

Last update: 2 September 01:29 PM market time.
52.21
-1.25
-2.35%
Open 52.05
Previous Close 53.30
High 53.50
Low 51.84
Stock Statistics
Volume 3,104,065
Turnover 162,428,912.00
All data are 15 minutes late during market session

News

Photo Archive
13 February 2023 00:21 PM ADIB Egypt sees 51% higher consolidated profits in 2022
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) generated consolidated net profits after tax worth EGP 2.18 billion in 2022, an annual leap of 51% from EGP 1.45 billion. The interest income enlarged by 37.80% year-on-year (YoY) to EGP …
Banking and Finance
Photo Archive
18 January 2023 11:13 AM ADIB Egypt’s issued, paid-up capital raise 93.48% oversubscribed
Cairo – Mubasher: The Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) announced that subscription to its issued and paid-up capital raise was covered by 93.48%.     A total of 93.48 million shares were subscribed during the first phase of subscription, …
Banking and Finance
Photo Archive
2 January 2023 04:26 PM UAE's ADIB ups stake in Egypt unit for EGP 155.3m
Cairo – Mubasher: UAE’s Abu Dhabi Islamic Bank (ADIB) has increased its ownership in its ADIB Egypt to 52.60% from 50.20% for EGP 155.32 million. The ADX-listed bank purchased 9.60 million shares in ADIB Egypt at an average price of EGP 16.18 per …
Mergers and Acquisitions
Photo Archive
29 December 2022 00:05 PM ADIB Egypt sees 2 block trading deals worth over EGP 170m
Cairo – Mubasher: The Egyptian Exchange (EGX) announced two block trading deals valued at EGP 170.88 million on the shares of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt). The first transaction was carried out on 9.60 million of the lender’s shares …
Companies Investments
Photo Archive
18 December 2022 10:25 AM NIB sells shares in ADIB Egypt for over EGP 541m
Cairo – Mubasher: The National Investment Bank (NIB) reduced its ownership in Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) to 2.40% from 10% for a total value of EGP 541.12 million. NIB sold 30.40 million shares to Respond Investment at an average …
Companies Investments
Photo Archive
18 December 2022 09:34 AM ADIB Egypt logs block trading deal worth over EGP 541m
Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block trading deal worth EGP 541.12 million on the shares of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt). The transaction was executed on 30.40 million of the bank’s shares, according to a …
Companies Investments
Photo Archive
13 November 2022 01:20 PM ADIB Egypt reports rise in 9M-22 profits
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) registered EGP 1.58 billion in consolidated net profits during the first nine months (9M) of 2022, a year-on-year (YoY) increase from EGP 1.06 billion.     Basic earnings per share (EPS) …
Financial Results
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16 October 2022 10:00 AM Holding Company for Pharmaceuticals, ADIB pen EGP 3.4bn financing deals
Cairo - Mubasher: Egypt's Minister of Public Business Sector, Mahmoud Esmat, witnessed on Saturday, 15 October the signing ceremony of financing contracts aimed at developing pharmaceutical companies affiliated to the ministry.  Valued at EGP 3.40 …
Banking and Finance
Photo Archive
5 October 2022 10:41 AM ADIB Egypt’s OGM greenlights EGP 1bn capital increase
Cairo – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) approved increasing the bank’s issued and paid-up capital by EGP 1 billion to EGP 5 billion from EGP 4 billion.  The capital hike will be distributed …
General Assembly
Photo Archive
27 September 2022 11:34 AM Elsewedy Electric secures EGP 2bn Islamic loan from 7 banks
Cairo – Mubasher: ADI Capital, the investment banking arm of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has successfully arranged combined Islamic financing worth EGP 2 billion for Elsewedy Electric Co's subsidiaries.  ADI Capital acted as the …
Companies Investments
Photo Archive
4 September 2022 02:12 PM FRA nods to ADIB Egypt’s capital hike request
Cairo – Mubasher: The Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) has received the Financial Regulatory Authority’s (FRA) approval to proceed with the capital raise procedures.   The FRA agreed to publish the disclosure form submitted by the bank to …
Companies Investments
Photo Gallery
24 August 2022 11:08 PM ADIB Egypt partners with SimpliFi to boost e-payments
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) teamed up with SimpliFi, a Cards as a Service (CaaS) platform in MENA and Pakistan, to scale up the digital payments ecosystem in Egypt. The collaboration came in line with the bank’s …
Banking and Finance
Photo Archive
10 August 2022 00:32 PM ADIB Egypt’s profits in H1-22 climb to EGP 1.01bn
Cairo – Mubasher: The consolidated net profits of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) climbed by 48.4% year-on-year (YoY) in the first half (H1) of 2022, reaching EGP 1.01 billion, including minority shareholders’ rights, according to a …
Financial Results
Photo Archive
15 May 2022 11:44 AM ADIB Egypt posts 34% higher unaudited profits in Q1-22
Cairo – Mubasher: The unaudited consolidated net profits of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) jumped by 33.7% year-on-year (YoY) to EGP 444.29 million in the first quarter (Q1) of 2022 from EGP 332.22 million. The bank's net interest …
Banking and Finance
Photo Archive
27 March 2022 03:47 PM ADIB Egypt’s shareholders approve EGP 2bn capital hike
Cairo – Mubasher: The shareholders of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) have approved an EGP 2 billion increase in the paid-up and issued capital to EGP 4 billion from EGP 2 billion. The capital raise will be distributed over 200 million …
Corporate Actions
Photo Archive
20 February 2022 11:16 AM ADIB Egypt posts 21% higher consolidated profits in 2021
Cairo – Mubasher: The consolidated net profits of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) jumped by 21% year-on-year (YoY) to EGP 1.45 billion in 2021, compared to EGP 1.19 billion. The bank's net interest income amounted to EGP 3.6 billion in …
Banking and Finance
Photo Archive
30 January 2022 02:05 PM ADIB Egypt’s board approves EGP 2bn capital hike, equity exit from Cairo National
Cairo – Mubasher: The board of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has approved an increase in the paid-up and issued capital to EGP 4 billion from EGP 2 billion. The EGP 2 billion capital raise will be distributed over 200 million shares …
Banking and Finance
Photo Archive
21 November 2021 06:37 PM ADIB Egypt sees sale, purchase of EGP 40.5m equity
Cairo – Mubasher: Emirates International Investments – Egypt has exited its 1.5% equity ownership in Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) on 21 November. The company sold 3 million shares in the bank for an average sale price of EGP 13.5 …
Companies Investments
ADIB Egypt will hold a 98% stake in the new company
26 October 2021 04:53 PM ADIB Egypt establishes EGP 10m consumer finance firm
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) announced the establishment of Abu Dhabi Islamic Consumer Finance with an issued and paid-up capital of EGP 10 million.  ADIB Egypt will hold a 98% stake in the new company which will …
Banking and Finance
The transaction included the trading of 664,488 shares
10 October 2021 11:35 AM ADIB Egypt sees EGP 11.6m block-trading deal
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) witnessed a block-trading deal worth EGP 11.66 million. The transaction included the trading of 664,488 shares, the Egyptian Exchange (EGX) said in a statement on Sunday. In the first …
Trading Activities
transaction involved the trading of 1.940 million shares
5 October 2021 02:07 PM ADIB Egypt sees EGP 34m block-trading deal
Cairo – Mubasher: Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) witnessed a block-trading deal worth EGP 34.155 million.  The transaction involved the trading of 1.940 million shares, the Egyptian Exchange (EGX) said in a statement on Tuesday.  In the …
Company News
ADIB Egypt sold its entire direct stake of 9.04% for EGP 2.9 million
18 August 2021 05:18 PM Tycoon Holding acquires 85% of Alexandria National Investment
Cairo – Mubasher: Tycoon Holding acquired 84.98% of Alexandria National Company for Financial Investment in a deal worth EGP 27.75 million. The transaction involved the purchase of 4.440 million shares for EGP 6.25 apiece, Tycoon Securities …
Mergers and Acquisitions
A total of 4.440 million shares were sold
17 August 2021 02:51 PM EGX executes EGP 27.7m MTO on Alexandria National Investment's shares
Cairo – Mubasher: The Egyptian Exchange (EGX) announced the execution of a mandatory tender offer (MTO) on the shares of Alexandria National Company for Financial Investment. A total of 4.440 million shares were sold for a total value of EGP 27.75 …
Mergers and Acquisitions
Tycoon Holding offered to acquire up to 4.702 million shares
15 August 2021 05:21 PM Alexandria National Investment's shareholders agree to sell 4.44m shares in MTO
Cairo - Mubasher: The Egyptian Exchange (EGX) announced that 4.440 million shares of Alexandria National Company for Financial Investment have been sold in a mandatory tender offer (MTO). Earlier, Tycoon Holding offered to acquire up to 4.702 …
Mergers and Acquisitions
ADIB Egypt owns a direct and indirect stake of 84.99% in Alexandria Financial Investment
15 August 2021 00:59 PM ADIB Egypt approves Tycoon's offer to acquire Alexandria National Investment
Cairo – Mubasher: The board of directors of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) approved the mandatory tender offer (MTO) submitted by Tycoon Holding for the purchase of 90% of the shares of Alexandria National Company for Financial …
Banking and Finance