Abu Dhabi Islamic Bank - Egypt S.A.E. announced a private placement of over 100,000,000 shares at an issue price of EGP 10 per share for proceeds of EGP 1,000,000,000 on September 4, 2022. The transaction has been approved by the Financial Regulatory Authority. Post completion, the registered capital of the company will increase from EGP 400,000,000 to EGP 5,000,000,000.