Sharaf DG completed a successful DSF 2021 campaign

Sharaf DG completed a successful DSF 2021 campaign

MENA region’s leading electronics retailer Sharaf DG ran its DSF campaign from the 17th of December last year which wrapped up successfully on 30th Jan 2021. The campaign titled ‘DG Shopping Festival’ was themed based on Amazing Offers and Amazing Savings with mega prizes that were given away every day at Sharaf DG. This DSF customers had an opportunity to Win mega prizes like Mazda CX9 GT car, 45 iPhone 12, Samsung 75” QLED TV, Macbook Pro and iPhone 12 Pro Max’. The campaign also offered customer a chance to…

ADCB expands mortgage business through acquisition ‎ of portfolio from Abu Dhabi Finance ‎

ADCB expands mortgage business through acquisition ‎ of portfolio from Abu Dhabi Finance ‎

Abu Dhabi, 28 February 2021: Abu Dhabi Commercial Bank PJSC (“ADCB” or “the Bank”) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (“ADF”). The transaction provides further growth for ADCB’s retail and SME businesses in line with the Bank’s UAE-centric strategy and prudent risk management framework. ADF was established in 2008 as an Abu Dhabi-focused conventional mortgage specialist and has played a key role in the development and transformation of the real estate finance sector. The assets, with a gross book…

Appointment of Sheikh Zayed Bin Suroor Al Nahyan as a member of the Board

Appointment of Sheikh Zayed Bin Suroor Al Nahyan as a member of the Board

At its meeting on 31 January 2021, the Board of Directors of ADCB acknowledged the contribution to the Bank of Abdulla Khalil Al Mutawa who has resigned from the Board after 24 years of service. The Board appointed Sheikh Zayed Bin Suroor Al Nahyan as a member of the Board (subject to the CB approval). Khaldoon Al Mubarak, Chairman of the Board of ADCB, commented: “I would like to take this opportunity to extend my heartfelt gratitude to Abdulla Khalil Al Mutawa who has resigned from the Board of Directors…

ADCB Partners with Bayut to offer UAE’s first digital Home Ecosystem platform for a smarter, faster, digitally enhanced home buying experience

مسودة تلقائية

Abu Dhabi, 6 December 2020 : Abu Dhabi Commercial Bank (ADCB) has partnered with the region’s leading property portal Bayut to launch the ADCB Dream Home Platform that helps prospective buyers on Bayut, get access to ADCB’s instant pre-approvals and other user-friendly tools for a seamless home buying experience on a unified digital platform. The exclusive platform has been designed to provide consumers flexibility, speed and simplicity without sacrificing on the security or accuracy of the pre-approval process for home loans. The partnership has been designed to leverage Bayut’s vast…

New ways to pay and play at Yas Theme Parks with ADCB

New ways to pay and play at Yas Theme Parks with ADCB

Abu Dhabi, United Arab Emirates, 30 November 2020: ADCB customers will have new ways to pay and play at Ferrari World Abu Dhabi, Yas Waterworld and Warner Bros. World™ Abu Dhabi. Starting today, ADCB cardholders will be able to redeem TouchPoints against the purchase of general admission tickets and annual passes purchased online as well as in-park retail and F&B outlets. ADCB TouchPoints cardholders wishing to benefit from the offer are encouraged to select ADCB TouchPoints as their preferred method of payment. What’s more, for a limited period from 1st…

8 BRANDS THAT WILL HELP UP YOUR FASHION GAME

8 علامات تجارية قد تساعدك في إبراز إطلالتك

Want to look as good as your favourite fashion blogger or influencer? Having an awesome OOTD (outfit of the day) on a regular basis is not that difficult, believe me! All you need to do is dress according to your body type, change a little of your style, switch your hairstyle, invest in outfits you’re comfortable in and pair suitable accessories. To upgrade your fashion game start simple – begin with the classics and basic staples, choose a desirable fit, look for suitable colours and experiment a little with trendy…

ADCB joins forces with HRA and ADGM Academy on ‘The Bankers’ Programme’

ADCB joins forces with HRA and ADGM Academy on ‘The Bankers’ Programme’

Abu Dhabi, 08 October 2020: The Human Resources Authority (HRA) is pleased to announce that the Abu Dhabi Commercial Bank (ADCB) has today entered into an agreement to collaborate on ‘The Bankers Programme’ and become a strategic partner alongside the HRA and the Abu Dhabi Global Market (ADGM) Academy. The ‘Bankers Programme’ is a leading educative initiative that aims to contribute towards the development of future bankers across the UAE and ultimately augment the nation’s robust banking and financial systems. Championed by the HRA, ADGM Academy and ADCB will work…

Arishi Set to Expand the Possibilities of New Technologies

اريشي تستعدّ لتوسيع إمكانات التقنيات الجديدة

Arishi, the market-leading agency of technology experts and VR, AR and AI specialists, has announced the opening of its brand-new office in Abu Dhabi. The new office will serve as a hub for the London-headquartered agency to expand its operations further throughout the MENA region. Arishi – a leading agency of technology experts, specialising in the delivery of next-level virtual reality (VR), augmented reality (AR) and artificial intelligence (AI) solutions – has today announced the opening of its brand-new office in Al Khatem Tower on Al Maryah Island, Abu Dhabi.…

ABU DHABI COMMERCIAL BANK PJSC REPORTS Q2’20 NET PROFIT OF AED 1.227 BILLION,

Abu Dhabi, 29 July 2020 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results[1] for the first half of 2020 (“H1’20”). Strong operating performance despite macro-economic headwinds. Significant improvement in the cost to income ratio resulting from a disciplined approach to cost management and delivery of synergies Pro-forma half year comparison H1’20 vs. H1’19 (unless otherwise stated) Net interest and income from Islamic financing was 2% lower at AED 5.136 billion amid a low growth environment and a contraction in the loan book on…

ABU DHABI COMMERCIAL BANK PJSC REPORTS Q1’20 NET PROFIT OF AED 209 MILLION

Operating profit, excluding integration costs, increased 8% to AED 2.293 billion Underlying net profit of AED 1.281 billion, excluding impairment charges on NMC Health Group, Finablr and associated companies   Abu Dhabi, 07 May 2020 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results[1] for the first quarter of 2020 (“Q1’20”). Strong pre-provisioning operating performance, with an 8% increase in operating profit excluding integration costs driven by higher revenues and merger synergies. Net profit was lower on account of impairment charges on the corporate…