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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 | 12:03pm EST

DUBAI, Sept 16 (Reuters) - The state-run Abu Dhabi Investment Office (ADIO) 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.

Israel on Tuesday signed normalisation agreements at the White House in Washington with both the UAE and Bahrain.

"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.

ADIO and Invest in Israel, part of the economy ministry, agreed two weeks ago on bilateral investment cooperation. (Writing by Lisa Barrington; Editing by Jan Harvey)


© Reuters 2020
All news about ABU DHABI ISLAMIC BANK
2020ABU DHABI ISLAMIC BANK  : Investment Office to open Tel Aviv office
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2020ABU DHABI ISLAMIC BANK  : Investment Office to open Tel Aviv office
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Financials
Sales 2021 5 192 M 1 414 M 1 414 M
Net income 2021 1 075 M 293 M 293 M
Net Debt 2021 - - -
P/E ratio 2021 16,0x
Yield 2021 1,25%
Capitalization 17 470 M 4 756 M 4 756 M
Capi. / Sales 2021 3,36x
Capi. / Sales 2022 3,16x
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
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 5,40 AED
Last Close Price 4,81 AED
Spread / Highest target 20,6%
Spread / Average Target 12,3%
Spread / Lowest Target 3,95%
EPS Revisions
Managers and Directors
NameTitle
Mohamed Abdel Bary Group Chief Financial Officer
Jawaan Awaidha Suhail Al-Khaili Chairman
Mamoun T. Al-Homssey Chief Information Officer
Hassan Adel Khalifa Operations Head
Sharon Craggs Global Head-Compliance
Sector and Competitors