{
Abu Dhabi Islamic Bank

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}
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001122334455554433221100

adib announces 3 billion dirham dividend as profits rise to 6.1 billion

Abu Dhabi Islamic Bank (ADIB) has approved a cash dividend of Dh3.03 billion for 2024, reflecting a 16% increase in net profit to Dh6.1 billion. The payout of 83 fils per share, up from 71 fils in 2023, represents 50% of net profit. Total assets rose to Dh226 billion, driven by a 22% increase in customer financing, while net profit before tax reached a record Dh6.9 billion, attributed to higher revenue and improved asset quality.
Finance Middle East
United Arab Emirates Dirham Abu Dhabi Islamic Bank ARE Mohamed Abdelbary
Business & Industry, Market Report
12:26 11.03.2025

adib pioneers spatial banking with apple vision pro in the uae

Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to launch spatial banking on Apple Vision Pro, utilizing its mixed reality features for an immersive 3D banking experience. Customers can manage finances through eye-tracking, hand gestures, and voice commands, viewing accounts and rewards in a 360-degree display. This innovation aligns with global trends in the financial sector, as banks seek to enhance customer engagement through interactive digital experiences.
Finance Middle East
United States Dollar Abu Dhabi Islamic Bank Natwest ARE GBR Fernando Plaza
Technology & Innovation, News Article
11:24 24.02.2025
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