Tag: adib

ADIB Egypt reports EGP 1.196bn in net profit during 2020

Consolidated financial results for 2020 show positive indicators, despite negative repercussions of…

Daily News Egypt

ADIB-Egypt looks back on success in 2020 with unprecedented 10 awards

Global recognition awarded for ADIB-Egypt’s services, initiatives, innovation and customer excellence

Daily News Egypt

ADIB-Egypt introduces innovative ‘Beat’ contactless payment device

Device to use contactless technology allowing customers to quickly, easily, and securely…

Hossam Mounir

Banks in Egypt hedge against COVID-19 despite Q1 profit decline

Daily News Egypt monitors profit decline of 12 banks out of 16…

Hossam Mounir

Al Baraka Bank, ADIB, and EG Bank most negatively affected by New Banking Act: Prime Holding

Banking act may spur a wave of consolidation amongst smaller or undercapitalised…

Mohamed Samir

Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018

Five banks only earn billions in net profits, other banks acquired under…

Hossam Mounir

ADIB-Egypt’s profits jump by 35% to EGP 850m in 2018

Bank to settle tax disputes of EGP 1bn by 2020, says ADIB-Egypt’s…

Daily News Egypt

ADIB-Egypt fastest growing of three Islamic banks in Egypt

Bank’s Q1 2018 net income records EGP 159m, doubling y-o-y, 21% higher…

Hossam Mounir

ADIB profits record EGP 157m end-March

Q1 saw big shift in bank’s financial performance, says CEO

Daily News Egypt

Telecom Egypt signs $200m financing deal with Afreximbank, managed by ADIB

Participating in deal of this size emphasises bank’s growth strategy, says Aly

Hossam Mounir