Latest in Tag: ADIB-Egypt Highlight
Latest in Tag: ADIB-Egypt
The Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) announced that it is forming a tri-party collaboration with start-up Khazna and Masria Digital Payments (MDP), a leading end-to-end e-payment solutions provider. The collaboration will see the launch of a Sharia-compliant Meeza pre-paid cobranded card, called the ADIB-Khazna Meeza. The new card will extend mobile financial …
New card will extend mobile financial services to underserved, unbanked segments of Egyptian society
Device to use contactless technology allowing customers to quickly, easily, and securely pay for day-to-day expenses, says CEO Mohamed Aly
“We hire companies with proven track records of building integrated, modern urban communities”: Sawiris
Marked increase in deposits, loans portfolios, NPLs decline at most banks
36 of ADIB-Egypt’s 70 branches are located outside Cairo and Alexandria
President of the African Development Bank (AfDB) Akinwumi Adesina said the bank will offer a $1.5bn fund for Egypt’s new Administrative Capital project.
Bank’s reports reports growth of 20% in first nine months of 2015, compared to same period of 2014
The result of ADIB’s operation revealed that it achieved a net profit, before taxes, during the first half of 2015, amounting to EGP 336.2M, an increase of 43% from the first half of 2014.
• ADIB – Egypt supports vital projects launched including power station, oil refinery, PPP in transport, wind farm and rehabilitation center