MAY 05,2023
EIIC acquires additional 7.6% stake in Abu Dhabi Islamic Bank
In Q1-2023 ADIB reported a growth in net profit of 54% to reach Dh1.1 billion
Abu Dhabi: Emirates International Investment Company (EIIC), the strategic investment arm of National Holding, today acquired a 7.6 per cent stake in Abu Dhabi Islamic Bank (ADIB) from Mubadala Investment Company. This transaction brings EIIC’s total shareholding in ADIB to 47 per cent.