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Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank latest

ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the non-call, five-year Sukuk at a profit rate of 7.13 per cent. (File/ Photo)
September 17th, 2018 - 05:15 GMT

Strong Tier-One Perpetual Sukuk Debut for ADIB With $750 Million

Abu Dhabi Islamic Bank (ADIB) has successfully raised $750 million of additional Tier 1 through a perpetual Sukuk that complies with Basel III regulatory framework issued by the Central Bank of the UAE.
Read more
The exchange rate of the US dollar was relatively stable during transactions on Sunday. (Shutterstock)
September 11th, 2018 - 08:02 GMT

Egyptian Major Banks Report Stable Dollar Prices

Despite a rise in yield on credit, driven by an increased cost of funds net interest margin (NIM) declined with five of the top 10 banks witnessed a decline. (Shutterstock)
July 16th, 2018 - 11:20 GMT

Report: Banking Sector in UAE to Record Higher Profitability and Liquidity in 2018

A new study has shown that the majority of millennials in the UAE still haven't started saving for their retirement. (Shutterstock)
May 17th, 2017 - 01:11 GMT

UAE Millennials Not Saving Enough Money for Their Old Age

The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks

A contingency fund should ideally have at least three months of running expenses. (Shutterstock)
April 21st, 2016 - 09:45 GMT

How to save for a contingency fund

Staying debt-free means understanding the costs of living an reigning in extravagances. (File photo)
November 9th, 2015 - 05:20 GMT

Better together: Why consolidating debt may be the answer to your payment problems

Al Bawaba
October 5th, 2015 - 09:07 GMT

Global Islamic Economy Summit opens in Dubai

Al Bawaba
August 19th, 2014 - 12:04 GMT

Opening up to foreigners and getting high: Saudi stocks on six-and-a-half year peak

Banking executives at the first Global Islamic Economy Summit in Dubai said that Islamic banks need to reorient how they conduct business to "enter into the next cycle of growth" (Shutterstock)
November 27th, 2013 - 09:59 GMT

Do Islamic banks need to "reorient themselves" in order to grow in the future?

The recent rush by UAE banks to lend at lower interest rates to corporate borrowers has been criticized as ‘irrational exuberance’.
August 12th, 2013 - 09:17 GMT

Are UAE banks displaying irrational exuberance?

any bank’s lending to the UAE federal governments would be capped at 100 per cent of its capital base compared to 25 per cent for lending to a single borrower
July 16th, 2013 - 08:03 GMT

Exposure limits may hit UAE banks

Investment Corporation of Dubai
May 26th, 2013 - 10:40 GMT

Dubai investment corporation rethink $2 bln cap as demand soars

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