Tag: adib

ADIB-Egypt introduces innovative ‘Beat’ contactless payment device

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

Hossam Mounir 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 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 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 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 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 Hossam Mounir

ADIB profits record EGP 157m end-March

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

Daily News Egypt 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 Hossam Mounir

Abu Dhabi Islamic Bank to enjoy stronger capital base after robust earnings: report

Lender is set to go ahead with planned rights issue by 2020

Daily News Egypt Daily News Egypt

ADIB adopts ambitious strategy to enhance its presence in Egyptian market: Aly

Bank strengthens its geographical presence by opening Thawra, Fifth Settlement branches

Daily News Egypt Daily News Egypt