UAE plays vital role in countering disasters Khaleej Times ... Abu Dhabi Fund for Development, the General Authority of Islamic Affairs & Endowment, Dubai Islamic Bank, Abu Dhabi Islamic Bank , Sharjah Islamic Bank, ... and more » More ...
Dubai Private Equity Invests in Europe With First Sukuk: Islamic Finance Bloomberg ... senior manager of the international division at Abu Dhabi Islamic Bank PJSC, the UAE's second-biggest bank complying with Shariah-banking rules, ... and more » More ...
Egypt's PHD aims to widen property sales National But PHD was still in negotiations to expand on the deal with Burooj, which is the property arm of Abu Dhabi Islamic Bank , said Ahmed Badr, ... More ...
Palm Hills Negotiating More Sales With Burooj Properties, Citigroup Says Bloomberg Palm Hills is discussing selling more properties to Burooj after the property unit of Abu Dhabi Islamic Bank bought 425 units in a project on the outskirts ... and more » More ...
Pakistan telethon takes its final shot at target National Donations can be made through the toll free number 800RED or 800733, by SMS or directly to one of the RCA account numbers in Abu Dhabi Islamic Bank , ... and more » More ...
Emirates Steel looks to reinforce with an additional 600 staff National The two Islamic finance institutions are the Abu Dhabi Islamic Bank and Al Hilal Bank. Another $500 million was loaned by HSBC and tied by a guarantee from ... More ...
Emirates Steel signs $1.1b deal to fund expansion Khaleej Times The two Islamic finance institutions are the Abu Dhabi Islamic Bank and Al Hilal Bank. Natixis acted as financial advisor and Denton Wilde Sapte as legal ... and more » More ...
Emirates Steel seals $1.1bn loan deal National Abu Dhabi Islamic Bank and Al Hilal Bank arranged the Islamic facility. Natixis of France acted as financial adviser and Denton Wilde Sapte as legal counsel ... and more » More ...
Emirates Steel seals $1.1 bln financing deal Reuters Africa ... Commercial Bank underwrote the conventional facility. Abu Dhabi Islamic Bank ( ADIB .AD: Quote) and Al Hilal Bank arranged the Islamic facility. Continued... and more » More ...
ADIB extends $300m Islamic financing facility to AJES Khaleej Times ABU DHABI — Abu Dhabi Islamic Bank has provided a $300 million Islamic financing facility to Abu Dhabi-based Al Jaber Energy Services (AJES) to take up ... and more » More ...
Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.
UAE plays vital role in countering disasters Khaleej Times ... Abu Dhabi Fund for Development, the General Authority of Islamic Affairs & Endowment, Dubai Islamic Bank, Abu Dhabi Islamic Bank , Sharjah Islamic Bank, ... and more » More ...
Dubai Private Equity Invests in Europe With First Sukuk: Islamic Finance Bloomberg ... senior manager of the international division at Abu Dhabi Islamic Bank PJSC, the UAE's second-biggest bank complying with Shariah-banking rules, ... and more » More ...
Egypt's PHD aims to widen property sales National But PHD was still in negotiations to expand on the deal with Burooj, which is the property arm of Abu Dhabi Islamic Bank , said Ahmed Badr, ... More ...
Palm Hills Negotiating More Sales With Burooj Properties, Citigroup Says Bloomberg Palm Hills is discussing selling more properties to Burooj after the property unit of Abu Dhabi Islamic Bank bought 425 units in a project on the outskirts ... and more » More ...
Pakistan telethon takes its final shot at target National Donations can be made through the toll free number 800RED or 800733, by SMS or directly to one of the RCA account numbers in Abu Dhabi Islamic Bank , ... and more » More ...
Emirates Steel looks to reinforce with an additional 600 staff National The two Islamic finance institutions are the Abu Dhabi Islamic Bank and Al Hilal Bank. Another $500 million was loaned by HSBC and tied by a guarantee from ... More ...
Emirates Steel signs $1.1b deal to fund expansion Khaleej Times The two Islamic finance institutions are the Abu Dhabi Islamic Bank and Al Hilal Bank. Natixis acted as financial advisor and Denton Wilde Sapte as legal ... and more » More ...
Emirates Steel seals $1.1bn loan deal National Abu Dhabi Islamic Bank and Al Hilal Bank arranged the Islamic facility. Natixis of France acted as financial adviser and Denton Wilde Sapte as legal counsel ... and more » More ...
Emirates Steel seals $1.1 bln financing deal Reuters Africa ... Commercial Bank underwrote the conventional facility. Abu Dhabi Islamic Bank ( ADIB .AD: Quote) and Al Hilal Bank arranged the Islamic facility. Continued... and more » More ...
ADIB extends $300m Islamic financing facility to AJES Khaleej Times ABU DHABI — Abu Dhabi Islamic Bank has provided a $300 million Islamic financing facility to Abu Dhabi-based Al Jaber Energy Services (AJES) to take up ... and more » More ...
Abu Dhabi Islamic Bank share capital and shares outstanding
31 March 2008 - 1,970,588,230 shares after conversion and 10:1 share split,
share capital AED 1,970,588,230.
28 March 2008 - 197,058,824 shares after conversion, share capital AED
1,970,588,240 (expected, not actual - see notes below)
31 December 2007 - AED 1.5 billion
30 June 2007 - AED 1.5 billion
31 March 2007 - AED 1.5 billion
01 January 2007 - AED 1.5 billion, 150 million shares
31 December 2006 - AED 1.5 billion
30 June 2006 - AED 1.5 billion (AED 500 m share capital increase
since 01 January 2006)
31 March 2006 - AED 1.2 billion (Bonus shares AED 200m or 20%),
120 million shares
01 January 2006 - AED 1.0 billion, 100 million shares
31 March 2008 10:1 share split
ADIB 10:1 stock
split appears to have taken place at the end of March
2008 (with par value changing from 10 dhs to 1 dh per share) but there's no
information or disclosures on the Abu Dhabi Securities Market (ADSM) website
about split. ADIB closing share price was AED 66.30 on 26 March 2008, and
6.36 on 31 March 2008. Appears to be no trading of shares on Thu 27 Mar 08
or Sun 30 Mar 08 but again, no notifications of suspension seen on ADSM website.
04 February 2008 - new CEO
Tirad Mahmoud has been appointed as the new ADIB
CEO (Chief Executive Officer)
with immediate effect. Khamis Buharoon was listed as MD on 2007 financial results
statement in January 2008.
28 October 2007
Third quarter financial statements have Majed Salem Khalifa Al Romaithi as Director and Khamis Buharoon as Managing Director. Ragheed Najib Al Shanti is not mentioned as CEO or Acting CEO.
A convertible sukuk worth AED 2 billion was issued on 29 March 2007, mandatorily convertible into ordinary shares at the rate of AED 42.50 by 28 March 2008. This will increase the number of shares outstanding from 150 million to 197,058,824. Fair values have not been adjusted to compensate - they should be decreased by 25% to allow for the dilutive effect until actual number of shares outstanding has changed.
03 September 2007
CEO / MD Ahmed Darwish Bin Al Marar has stepped down. The Managing Director position has been taken over by Khamis Buharoon (ex-CEO of Commercial Bank International), and Ragheed Najib Al Shanti is the Acting CEO.
07 July 2007
Previous ADIB chairman changed sometime during 2007 Q1 from Mohammad Bin Humooda Al Dhaheri (name given on 2006 FY accounts) to Majid Salem Khalifa Al Rumaithi (name given on 2007 Q1 accounts). There was a Reuters report dated 02 Mar 2007 about the EIIC takeover of ADIB which still gave the chairman's name as Mohammed bin Humooda bin Ali (was given as Mohammed Bin Hamouda on ESCA site). ADIB also announced that as of 11 June 2007, one of the board members, Abdul Rahman Mohammed Al Jasmi, was no longer working with the bank.
Various spellings of the Managing Director / CEO's name include Ahmed Darwish Bin Dagher Al Murar, Ahmed Darweesh Bin Dagher Al Marar, and Ahmed Darwish Bin Dhaher Al Marar. Different spellings of the chairman's name include Majed Salem Khaleefa Al Rumaithi, Majid Salem Khaleefa Al Rumaithi, Majed Salem Khalifa Al Rumaithi.
07 November 2006
Deputy chairman Mubarak Mattar Al Humairi and board member Salem Mohamed
Salam Balaami resigned during the week (ET 07 Nov 2006).
ADIB - related external links (open in new window)Top
www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
www.adx.ae - ADX financial disclosures, news and information.
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