ADIB board approves proposed Dh1.75 billion rights issue
Dubai: Abu Dhabi Islamic Bank's (ADIB) board has approved a proposal to raise Dh1.75 billion through a rights issue to support the bank's next phase of growth under its Vision 2035 strategy. The proposed capital raise remains subject to shareholder and regulatory approvals, including approval from the Central Bank of the UAE, ADIB said on Tuesday. Get updated faster and for FREE: Download the…
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