Latest news with #ADIB
Zawya
3 days ago
- Business
- Zawya
ADIB participates in the 'Midday Break' initiative in collaboration with the Ministry of Human Resources and Emiratisation
Aligned with UAE's Year of Community and ADIB's broader ESG commitment to worker welfare Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), in collaboration with the Ministry of Human Resources and Emiratisation, participates in the 'Midday Break Initiative,' as part of its ongoing commitment to ESG principles and its wider efforts to support community welfare and social responsibility. The initiative, which prohibits outdoor work between 12:30 PM and 3:00 PM during the summer months, is designed to safeguard the health and well-being of labourers during periods of extreme heat, reflecting ADIB's continued dedication to promoting a safe and respectful working environment and aligns with the UAE's national regulations and the broader theme of the Year of Community. As part of the initiative, ADIB distributed tokens of appreciation that included gifts and meals to participating workers. The initiative will span different emirates and construction sites, aiming to reach over 3,000 labourers. This initiative is part of ADIB's broader strategy to drive sustainable development by integrating social initiatives and community engagement into its operations. By supporting projects that protect vulnerable groups and encourage volunteerism, ADIB continues to promote a culture of inclusion and positive impact across the UAE. About ADIB ADIB is a leading bank in the UAE with AED 244 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX). ADIB has a strong presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq. Named World's Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products. For media information, please visit or contact: ADIB Edelman Lamia Khaled Hariz Simon Hailes Head of Public Affairs Director of Financial Communications
Al Bawaba
04-06-2025
- Business
- Al Bawaba
ADIB to Hire 400 Emiratis in Al Ain by 2026 as Part of National Talent Development Strategy
Abu Dhabi Islamic Bank (ADIB), has announced its plan to hire 400 UAE Nationals in the Al Ain region by the end of 2026, reaffirming its commitment to Emiratisation and the development of local talents across the UAE's banking sector. The announcement was made in line with its ongoing commitment to support the UAE Emiratisation agenda and enhance the participation of Emirati talents in the banking sector in line with the UAE's 'National Skills Development Strategy' and the 'Nafis initiative aims to create job opportunities for UAE nationals in various fields including Islamic retail banking, operations, as well as compliance and collection. This contributes to empowering national talents and enhancing the institutional presence of the bank in Al Ain city, considering it as one of the prominent cities in the part of this initiative, ADIB organized a two-day 'open recruitment event' in Al Ain, in collaboration with Majalis Abu Dhabi, where they conducted on-the-spot interviews with prospective candidates, presenting a wide range of opportunities across key business event received significant interaction, reflecting Emirati youth's interest in joining the Islamic banking on the announcement, Mohamed Abdelbary, ADIB's Group Chief Executive Officer at ADIB said: 'At ADIB, we believe in unlocking the potential Emirati talent, as attracting and empowering Emirati talent is a strategic priority. Our initiative in Al Ain is a strategic focus in this direction and reflects our commitment to effectively contributing to the country's comprehensive development and providing sustainable, impactful job opportunities for the national Alshehhi, ADIB's Group Chief HR Officer added, 'We aspire through this initiative to build an integrated system for qualifying and developing national talents in Al Ain city, in collaboration with our partners from government entities, educational institutions, and Nafis. We will focus on creating a supportive work environment that encourages professional growth and innovation.'This initiative is within the bank's efforts to support the UAE's vision of increasing Emiratisation and enabling citizens to contribute to the economic and digital transformation journey, especially in vital and future sectors. ADIB reaffirms its commitment to preparing a new generation of Emirati leaders through advanced training and development programs that meet the requirements of the modern banking sector. These programs contribute to building a qualified national human resource base capable of leading the future.
Zawya
03-06-2025
- Business
- Zawya
ADIB to hire 400 Emiratis in Al Ain by 2026 as part of National Talent Development Strategy
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), has announced its plan to hire 400 UAE Nationals in the Al Ain region by the end of 2026, reaffirming its commitment to Emiratisation and the development of local talents across the UAE's banking sector. The announcement was made in line with its ongoing commitment to support the UAE Emiratisation agenda and enhance the participation of Emirati talents in the banking sector in line with the UAE's 'National Skills Development Strategy' and the 'Nafis Program. This initiative aims to create job opportunities for UAE nationals in various fields including Islamic retail banking, operations, as well as compliance and collection. This contributes to empowering national talents and enhancing the institutional presence of the bank in Al Ain city, considering it as one of the prominent cities in the UAE. As part of this initiative, ADIB organized a two-day 'open recruitment event' in Al Ain, in collaboration with Majalis Abu Dhabi, where they conducted on-the-spot interviews with prospective candidates, presenting a wide range of opportunities across key business areas. The event received significant interaction, reflecting Emirati youth's interest in joining the Islamic banking sector. Commenting on the announcement, Mohamed Abdelbary, ADIB's Group Chief Executive Officer at ADIB said: 'At ADIB, we believe in unlocking the potential Emirati talent, as attracting and empowering Emirati talent is a strategic priority. Our initiative in Al Ain is a strategic focus in this direction and reflects our commitment to effectively contributing to the country's comprehensive development and providing sustainable, impactful job opportunities for the national youth. Bushra Alshehhi, ADIB's Group Chief HR Officer added, 'We aspire through this initiative to build an integrated system for qualifying and developing national talents in Al Ain city, in collaboration with our partners from government entities, educational institutions, and Nafis. We will focus on creating a supportive work environment that encourages professional growth and innovation.' This initiative is within the bank's efforts to support the UAE's vision of increasing Emiratisation and enabling citizens to contribute to the economic and digital transformation journey, especially in vital and future sectors. ADIB reaffirms its commitment to preparing a new generation of Emirati leaders through advanced training and development programs that meet the requirements of the modern banking sector. These programs contribute to building a qualified national human resource base capable of leading the future. About ADIB ADIB is a leading bank in the UAE with AED 244 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX). ADIB has a strong presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq. Named World's Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products. For media information, please visit or contact: ADIB Edelman Lamia Khaled Hariz Simon Hailes Head of Public Affairs Director of Financial Communications
Trade Arabia
27-05-2025
- Business
- Trade Arabia
Binghatti, ADIB bring sharia-compliant home finance solutions to UAE
Dubai's leading developer Binghatti Holding has signed an agreement with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, to broaden and deepen its customer base by offering customers sharia-compliant home-financing solutions including off-plan property purchases. The MoU allows the two parties to detail an agreement that will make it easier for homeowners to secure home financing solutions once construction of a project reaches 35% completion. Binghatti currently has 18,600 units under development across 23 projects in prime residential areas across the city, including Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Dubai Science Park, Dubai Production City and Sports City. Binghatti had launched its latest 1,600-unit project, Binghatti Aquarise, in early May at a star-studded event at the Coca-Cola Arena with nearly 12,000 people in attendance. Commenting on the deal, CEO Eng. Katranalda BinGhatti said: "This innovative Islamic financing solution is a game changer for our industry and will continue to support the growth of off-plan sales and the sustainability of the real estate market." "We expect to be able to offer our growing customer base a lower threshold to access financing across our projects under development in Dubai and a way to benefit from market appreciation. We have a strong relationship with ADIB over many years and are delighted to be working together to support the evolution of home financing," he stated. ADIB Group CEO Mohamed Abdelbary said: "We continue to play a pivotal role in expanding access to home financing in the UAE, empowering more individuals and families to take their first step into being property owners."
Al Bawaba
27-05-2025
- Business
- Al Bawaba
Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market
Dubai's leading developer, Binghatti Holding Ltd. ('Binghatti), announced today that it has signed a Memorandum of Understanding ('MoU') with Abu Dhabi Islamic Bank ('ADIB'), a leading financial institution in the UAE, to broaden and deepen Binghatti's customer base by offering customers Sharia-compliant home-financing solutions, including off-plan property MoU allows the two parties to detail an agreement that will make it easier for homeowners to secure home financing solutions once construction of a project reaches 35% on the MoU, Engr. Katranalda BinGhatti, Chief Executive Officer, Binghatti, said: 'This innovative Islamic financing solution is a game changer for our industry and will continue to support the growth of off-plan sales and the sustainability of the real estate market. We expect to be able to offer our growing customer base a lower threshold to access financing across our projects under development in Dubai and a way to benefit from market appreciation. We have a strong relationship with ADIB over many years and are delighted to be working together to support the evolution of home financing.'Commenting on the MoU, Mohamed Abdelbary, Group Chief Executive Officer at ADIB, said: 'ADIB continues to play a pivotal role in expanding access to home financing in the UAE, empowering more individuals and families to take their first step into being property owners. This partnership with Binghatti reflects our shared vision of enabling homeownership by providing innovative Sharia-compliant solutions. Together, we aim to deepen the real estate financing market in the UAE by unlocking greater affordability and financial inclusion.'Binghatti currently has 18,600 units under development across 23 projects in prime residential areas across the City, including Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Dubai Science Park, Dubai Production City and Sports City. Binghatti was proud to launch its latest 1,600-unit project, Binghatti Aquarise, in early May at a star-studded event at the Coca-Cola Arena with nearly 12,000 people in attendance. Binghatti has a strong record of on-time unit delivery supported by its in-house vertically integrated business model, comprising design, build and materials sourcing. In 2024, Binghatti saw sales of AED 11.6 billion, a 161% year-on-year increase, driven by 16 successful project launches and the timely delivery of 3,700 units. Collaborations with renowned global luxury brands like Mercedes-Benz, Bugatti, and Jacob & Co., as well as prestigious clientele including football star Neymar Junior and renowned musician Andrea Bocelli, further elevated the company's market position. Binghatti's recent strategic acquisition of over 13 million sqft of prime land, with a development value exceeding AED 26 billion, underscores its ambitious future growth plans.
