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Abu Dhabi Islamic Bank rights offer to begin Aug. 23

Abu Dhabi Islamic Bank's (ADIB) 504 million dirham ($137.2 million) rights offer will begin on Aug. 23, after shareholders approved the capital-raising plan, it said on Thursday. The lender will issue 168 million new shares in order to support its growth. The issue price is 3.0 dirhams.

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Click here to read the full story: alarabiya.net

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