13/12/2009 00:00 AST

Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, arranged a 200 million-dirham ($54.5 million) financing facility for International Capital Trading.

The Islamic facility is to fund a real-estate project, the bank said today in an e-mailed statement. International Capital Trading is a private investment company based in Abu Dhabi.


Bloomberg

ADIB board to meet October 22 to approve results

17/10/2017

Abu Dhabi Islamic Bank said on Monday it plans to hold a board meeting on October 22 to discuss and approve its third-quarter results.

The meeting will discuss ordinary corporate matters tha

Gulfnews

ADIB Leads FinTech Discussion At SME StartUp Academy Forum

11/10/2017

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has partnered with StartUp Academy on an event to apprise small and medium-sized enterprises (SMEs) of how they can harness the latest

Abu Dhabi City Guide

Abu Dhabi Islamic Bank says its ramping up spending on digital tech.

05/10/2017

Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the Emirate, said it is planning to earmark significant financial resources on digital technology this year as banks in the UAE race to

The National

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Al Salam Bank-Bahrain and AFS Sign partnership agreement

23/10/2017

AFS, the region’s leading FinTech enabler, and payment services provider, and Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant banks in the Kingdom, signed an MOU to roll out a Digital

Press Release

How Saudi Arabia Is Building Its $2 Trillion Fund

23/10/2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the go

Bloomberg

Oman Arab Bank opens Qurum branch

23/10/2017

Oman Arab Bank (OAB) has officially opened their new flagship branch located in Qurum. The new branch relocated from its previous location in the Al Araimi complex to a more prominent and easily acce

Times of Oman

Bank Muscat's Izdihar Real Estate Fund acquires prime property in Bura

23/10/2017

Izdihar Real Estate Fund (Izdihar), managed by Bank Muscat, has announced the acquisition of a prime property in the Wilayat of Buraimi. The Buraimi Mall is the only mall of its kind in Buraimi offe

Times of Oman

Nakilat records QR607m profit for first 9 months

23/10/2017

Nakilat recorded a net profit of QR607m for the first nine months of the year, compared to QR749m reported a year ago.

The lower profit was mainly attributed to the effect of changing the es

The Peninsula