Abu Dhabi Islamic Bank - Egypt - S.A.E

ADIB

EGS60111C019

Banks

End-of-day quote Egyptian Exchange Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
35.52 ^EGP	-4.00%		-12.45%	-11.18%

Apr. 01	Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer	CI
Mar. 21	Abu Dhabi Islamic Bank - Egypt - S.A.E announced that it expects to receive EGP 1 billion in funding	CI

Abu Dhabi Islamic Bank - Egypt - S.A.E announced that it expects to receive EGP 1 billion in funding

March 20, 2024

Abu Dhabi Islamic Bank - Egypt - S.A.E announced a private placement to issue 100,000,000 shares at an issue price of EGP 10 per share for the gross proceeds of EGP 1,000,000,000 on March 21, 2024. The capital raised from EGP 5,000,000,000 to EGP 6,000,000,000. The transaction has been approved by the shareholders of the company.

Latest news about Abu Dhabi Islamic Bank - Egypt - S.A.E

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer	Apr. 01	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E announced that it expects to receive EGP 1 billion in funding	Mar. 20	CI
ADIB Egypt Withdraws MTO for 100% Stake in Cairo National for Investment	Mar. 03	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E cancelled the acquisition of the remaining 10.01% stake in El Kahera El Watania Investment.	Mar. 02	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
ADIB Egypt to Submit MTO for 100% Stake in Cairo National for Investment	Dec. 18	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E made an offer to acquire the remaining 10.01% stake in El Kahera El Watania Investment for EGP 11 million.	Dec. 13	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-29	CI
Abu Dhabi Islamic Bank - Egypt - S.A.E Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-13	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-13	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-07	CI
Abu Dhabi Islamic Bank - Egypt S.A.E.(CASE:ADIB) added to EGX 30 Index	23-02-01	CI
An unknown buyer acquired 7.6% stake in Abu Dhabi Islamic Bank - Egypt S.A.E. from National Investment Bank for EGP540 million.	22-12-17	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 1 billion in funding	22-09-03	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-10	CI
Abu Dhabi Islamic Bank - Egypt S.A.E.(CASE:ADIB) dropped from EGX 30 Index	22-07-29	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-15	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-20	CI
Abu Dhabi Islamic Bank - Egypt S.A.E.(CASE:ADIB) added to EGX 30 Index	22-02-01	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 2 billion in funding	22-01-29	CI
Abu Dhabi Islamic Bank - Egypt S.A.E. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-15	CI
Abu Dhabi Islamic Bank Reports Consolidated Earnings Results for the Six Months Ended 30 June 2021	21-08-16	CI
Abu Dhabi Islamic Bank Reports Standalone Earnings Results for the Six Months Ended 30 June 2021	21-08-16	CI
Tycoon Holding completed the acquisition of 84.98% stake in Alexandria National Company For Financial Investment SAE from Abu Dhabi Islamic Bank - Egypt S.A.E. and others for EGP 27.8 million.	21-08-14	CI
Compass Capital made a mandatory tender offer to acquire Alexandria National Company For Financial Investment SAE from El Kahera El Watania Investment, Abu Dhabi Islamic Bank - Egypt S.A.E. and others for EGP 29.8 million.	21-06-19	CI

Chart Abu Dhabi Islamic Bank - Egypt - S.A.E

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Company Profile

Abu Dhabi Islamic Bank - Egypt S.A.E is a banking group organized around four areas of activity: - retail banking (37.3% of income); - business banking (33.7%); - investment banking (21.6%); - other (7.4%). At the end of 2022, the group had EGP 56.6 billion in current deposits and EGP 45.2 billion in current loans. Products and services are marketed through a network of 70 branches located in Egypt.

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Banks

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Ratings for Abu Dhabi Islamic Bank - Egypt - S.A.E

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

35.52 EGP

Average target price

56.2 EGP

Spread / Average Target

+58.22%

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Quarterly revenue - Rate of surprise

Company calendar

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