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ABU DHABI NEWS

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Abu Dhabi Islamic Bank Appoints Mr.Tirad Mahmoud As CEO
Given his extensive experience and understanding of the financial services industry in the MENA region and the GCC in particular, Tirad Mahmoud will play a vital role in spearheading ADIB’s growth initiatives.

Board of directors report on the financial position as of 31/12/2007 and financial results for the period from 01/01/2007 up to 31/12/2007
On the other hand, profit distributions to depositors and Sukuk-holders reached an amount of AED 1.44 billion recording an increase of 7% over the AED 1.35 Billion profits distributed in 2006.

Hundreds Attend Technical Briefings On The New Brand Identity For Abu Dhabi
The briefing sessions were hosted by the Office of the Brand of Abu Dhabi (OBAD) on December 9 and 10 and were designed to raise awareness within the government and private sectors as well as the creative / third party agencies that represent them.

Abu Dhabi Islamic Bank, awarded the Most outstanding Islamic Bank
Abu Dhabi Islamic Bank was represented By: Mr.Ragheed Al Shanti -ACEO- (ADIB), Mr. Noor Imam Beck, GM (ADIB), in the awarding ceremony’s event that was held on 20th of November,2007 at Hotel Nikko, Kuala Lampur.

New Abu Dhabi Brand Identity Unveiled
The development of the brand commenced with the Abu Dhabi Tourism Authority’s (ADTA) desire to create a tourism brand.

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Umrah Winners Fly Free To Mecca
In addition, visa procedures will be handled by ADIB, for expat pilgrims.

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Abu Dhabi Islamic Bank Concludes Its Visa Covered Card Campaign
Recipient of the grand prize was Humaid Salem Al Marshoudi, UAE national, who won AED 250,000; in addition to 5 winners who won weekend stays at either Fairmont Hotel in Dubai or Emirates Palace in Abu Dhabi; and 5 winners of AED 10,000 to be credited to their visa card accounts.

Abu Dhabi Islamic Bank Launches Its New Umra Campaign
The launch of the campaign is a collaborated effort between several governmental institutions in the capital that aim to serve and develop the community.

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