banking sector

8/12/2025 Monday

Abu Dhabi Islamic Bank – Egypt (ADIB)

☑️ Abu Dhabi Islamic Bank – Egypt announced the closing of the subscription period for the first phase of its capital increase at the end of business on December 4, 2025.

☑️ The subscription resulted in the coverage of 295.6 million shares, representing 98.5%. The remaining 4.38 million shares will be offered for subscription in the second phase without adherence to the previous shareholding ratios. Allocation will be pro rata in the event of oversubscription, with fractional shares rounded up in favor of small shareholders.

Stay Connected

Follow us on social media for updates, insights, and industry trends