Thursday 5 January 2023 – 11:33
ABU DHABI, 5th January, 2020 (WAM) — Islamic Bank Abu Dhabi has announced the acquisition of additional shares of Islamic Bank Abu Dhabi – Egypt.
The bank said today in a statement to the Abu Dhabi Securities Market that the bank has purchased 9.6 million shares from the National Investment Bank, which represents 2.4 percent stake in Abu Dhabi Islamic Bank – Egypt.
The disclosure indicated that this transaction resulted in an increase in Abu Dhabi Islamic Bank’s ownership percentage in Abu Dhabi Islamic Bank – Egypt to 52.607%.
Dina Omar / Ramy Samih
