It is available through all ADIB
channels including a newly opened ADIB
Etihad Guest travel card Member Centre located at Abu Dhabi Airport Terminal 3.
has raised AED504m (USD137m) in September through the sale of new shares in an offering that was nearly three times oversubscribed by shareholders.
Rotana Rewards Exclusive Card is the first co-branded hospitality card in the wider Central Eastern Europe & Middle East and Africa (CEEMEA) region developed by a local issuer, and the first internationally by an Islamic bank.
Under the tier 1 programme capital instruments programme, ADIB
raised $1 billion in late 2012 through the world's first ever Sharia-compliant hybrid tier 1 sukuk and the region's first publicly issued perpetual tier 1 instrument.
With confidence returning to the UAE real estate market, ADIB
has enhanced its home finance offering, responding to customer's demands for new products and making the process of purchasing a home much easier.
Helping UAE's development Commenting on the agreement, Tirad Mahmoud, CEO of ADIB
, said: "With this deal, ADIB
has acted on its mandate to contribute to the UAE's growth and development by ensuring that the financing needs of UAE corporations and other entities are met.
The agreement was signed at ADIB
offices by Duncan Anderson, chief executive officer of GMS and Nuhad Saliba, general manager, Head of Corporate Banking for private and public organizations.
Raja commented, "We were delighted to advise ADIB
in connection with its successful rights issue, which we hope will enable ADIB
to solidify its capital base and maintain its strong position in the UAE market.
Subscription forms, for those shareholders who have not sold their rights or those rights holders who have bought rights on the ADX, and payment cheques can be submitted at any of the 40 designated ADIB
branches between August 23 and September 10.
Sharjah: Abu Dhabi Islamic Bank (ADIB
) extended the national reach of its grassroots football scheme last weekend with the latest leg of the ADIB
Future Champions League taking place at Sharjah Football Club.
Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank (ADIB
), a top-tier Islamic financial services institution, on Wednesday announced the inauguration of its newest branch, in Dubai Financial Markets (DFM).
Global Banking News-June 14, 2011--Abu Dhabi's ADIB
launches Gold Priority Banking(C)2011 ENPublishing - http://www.