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MarketScreener Homepage  >  Equities  >  Abu Dhabi Securities Exchange  >  Abu Dhabi Islamic Bank    ADIB   AEA000801018

ABU DHABI ISLAMIC BANK

(ADIB)
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Abu Dhabi Islamic Bank : Investment Office to open Tel Aviv office

09/16/2020 | 11:48am EST

DUBAI, Sept 16 (Reuters) - The state-run Abu Dhabi Investment Office is to open its first office outside the United Arab Emirates in Tel Aviv, the Abu Dhabi Media Office said on Wednesday, following normalisation of relations between the UAE and Israel.

"Tel Aviv is the first in a planned network of international offices that will support companies looking to expand their operations in Abu Dhabi, and to connect innovators from around the world to solve global challenges," the statement on Twitter said. (Writing by Lisa Barrington; Editing by Jan Harvey)


© Reuters 2020
All news about ABU DHABI ISLAMIC BANK
09/16ABU DHABI ISLAMIC BANK : Investment Office to open Tel Aviv office
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09/16ABU DHABI ISLAMIC BANK : Investment Office to open Tel Aviv office
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2019First Abu Dhabi Bank, Abu Dhabi Islamic Bank deny merger talks
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2018Growing Islamic finance firms lobby Britain for tax relief
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2017Britain plans new sukuk deal; Brexit may boost Islamic finance
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More news
Financials
Sales 2020 5 185 M 1 412 M 1 412 M
Net income 2020 855 M 233 M 233 M
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 17 397 M 4 736 M 4 737 M
Capi. / Sales 2020 3,36x
Capi. / Sales 2021 3,31x
Nbr of Employees 0
Free-Float 52,9%
Chart ABU DHABI ISLAMIC BANK
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Abu Dhabi Islamic Bank Technical Analysis Chart | MarketScreener
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Technical analysis trends ABU DHABI ISLAMIC BANK
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 4,37 AED
Last Close Price 4,80 AED
Spread / Highest target -2,08%
Spread / Average Target -9,03%
Spread / Lowest Target -14,6%
Managers
NameTitle
Mazin Manna Group Chief Executive Officer
Jawaan Awaidha Suhail Al-Khaili Chairman
Hassan Adel Khalifa Head-Operations
Mohamed Abdel Bary Chief Financial Officer
Mamoun T. Al-Homssey Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
ABU DHABI ISLAMIC BANK-11.13%4 736
HDFC BANK LIMITED12.15%107 171
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BANK OF COMMUNICATIONS CO., LTD.-24.91%47 995
INTESA SANPAOLO S.P.A.-17.20%45 114