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ADIB Wins Seven EMEA Finance Achievement Awards
(23 June 2018)

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has received an unprecedented sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held in London, UK.

In the Islamic finance category, ADIB won: ‘Best Islamic Finance House’; ‘Best Islamic Borrower’, for its work with Airport Financing Company FZE "FINCO" on its US$3 billion debut project financing, where ADIB acted as Mandated Lead Arranger and Bookrunner for the Islamic tranche. ADIB won as well ‘Best Syndicated Murabaha / Ijara Facility’, for its role as an Initial Mandated Lead Arranger, Bookrunner and underwriter for a US$1.25 billion multi tranche facility for GEMS MENASA (CAYMAN) LIMITED.

In the structured finance category, ADIB won the prestigious award of ‘Best Structured Finance House in the Middle East’ and ‘Best Structured Finance Deal in the Middle East’ for its contribution to Dubai Aerospace Enterprise's US$75.6 million syndicated aircraft financing. This transaction is structured around new deliveries of B-737 aircrafts leased to Egypt Air as part of Egypt Air expansion of fleet. ADIB acted as Mandated Lead Arranger, Bookrunner, and Security and Investment Agent.

In the Equity Capital Markets category, ADIB was awarded ‘Best IPO in EMEA’ and ‘Best Privatisation Deal (Equity Markets)’ for its role on the ADNOCDistribution Initial Public Offering. ADIB played anchor roles in the placement of ADNOC Distribution IPO (AED3.1bn) on ADX based on it leading distribution and placement capabilities.

Sami Al Afghani, Global Head of ADIB’s Wholesale Banking Group, said: “For ADIB to win seven awards at a prestigious international ceremony is an extraordinary achievement. It is a testament to the strength and depth of our teams currently working across Structured finance, Sukuk and equity capital markets. The bank has played a significant role in many of the region’s landmark transactions over the last year, and we hold a market-leading position in our ability to provide tailored Islamic financing solutions to a wide range of prominent clients. The bank has built significant experience and expertise working on landmark deals across the Middle East and we are able to add significant value to clients across a wide range of transformative transactions.”

The EMEA Finance Achievement Awards recognise the standout transactions in capital markets across Central & Eastern Europe, the Middle East and Africa. Winners are chosen by EMEA Finance’s editorial team. EMEA Finance is a leading bi-monthly global industry publication that reports on the major financial events involving the international financial industry in Europe, Middle East, and Africa.

ADIB has received numerous awards in recent months including ‘Local Currency Deal of the Year’ and ‘Project Financing Deal of the Year’ at Bonds, Loans & Sukuk Middle East Awards 2017; ‘Best Premium Banking Service in the UAE’ from Banker Middle East; and ‘Private Bank in the Middle East for Islamic Finance’ by Private Banker International; and four awards at the IFN awards.

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