25/09/2018 08:33 AST

Abu Dhabi Islamic Bank (ADIB) said it will open subscription for its new shares on September 25 until October 9.

The bank received approval from its shareholders last month to raise Dh1 billion through a rights issue to meet regulatory capital requirements. Under the plan for the rights issue, each shareholder will have the right to subscribe to 29 new shares for every 198 shares held on September 12.

The rights issue will increase ADIB’s share capital to Dh3.63 billion from Dh3.168 billion.


Gulf News

ADIB raises $750 million in sukuk

16/09/2018

Abu Dhabi Islamic Bank (ADIB), announced that it has successfully raised $750 million of additional Tier 1 through a perpetual sukuk that complies with Basel III regulatory framework issued by the Ce

The Gulf Today

ADIB sets eligibility date for Dh1b rights issue

10/09/2018

Abu Dhabi Islamic Bank (ADIB) said on Sunday it has set September 12 as the eligibility date for its Dh1 billion rights issue instead of September 13 due to the public holiday on that day.

Gulf News

ADIB finances Dh118.2m acquisition in UK

12/06/2018

Abu Dhabi Islamic Bank (ADIB) UK has arranged and structured a Sharia-compliant transaction to finance the acquisition of the UK based Lateral House for Dh118.2 million on behalf of an Abu Dhabi-base

Gulf News

Ticker Price Volume
QNBK 179.79 137,952
APPC 47.80 942,051
SAICO 10.56 245,021
SABIC 124.00 5,999,558
ALAWWAL 14.36 4,539,375
ENAYA 16.30 180,837
ALMARAI 45.00 1,409,490
ADIB Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
FAB 14.48 -0.02 (-0.14%)
RJHI 86.50 1.60 (1.88%)
NCB 46.10 1.10 (2.44%)
SAMBA 32.25 0.30 (0.93%)
NBK 814.00 -1.00 (-0.13%)
Emaar Development offers up Dh1bn shareholder dividend

17/10/2018

Emaar Development proposed a special cash dividend to shareholders representing 26 per cent of paid-up share capital, and plans to hold a vote on the proposal in a general meeting on Wednesday.
<

The National

Bank Muscat and Ominvest sign RO 120m long-term credit facility

17/10/2018

Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’, and commitment to partnership in sustainable development, signed a lon

Oman Daily Observer

Etisalat Digital offers glimpse into future of retail

17/10/2018

Etisalat Digital is embracing the future of retail at this year’s Gitex Technology Week, offering a seamless shopping experience through face recognition, artificial intelligence, image recognition a

Trade Arabia

Mobily, Huawei tie-up for bringing 5G to Saudi Arabia

17/10/2018

Saudi Arabia’s Mobily and Huawei have agreed to collaborate on a five-year plan to upgrade Mobily’s networks and accelerate the arrival of 5G to the kingdom.

The announcement was made at

Trade Arabia

Aramco catalyst for India’s oil and gas sector growth

16/10/2018

Saudi Aramco played a central role in the second India Energy Forum att the invitation of the Minister Dharmendra Pradhan and the Indian Ministry of Petroleum and Natural Gas.

Hosted by CE

Saudi Gazette