THE MIDDLE EAST’S

12. Abu Dhabi Islamic Bank (ADIB)

Country: U.A.E.
Group CEO: Mohammed Abdelbary
Market Value: $15.4 billion

Established in 1997, ADIB today serves 1.46 million customers and operates in the U.A.E., Iraq, Qatar and Sudan with subsidiaries in the U.A.E., Egypt and the U.K., as of December 2024. In September 2024, ADIB partnered with Emirates Development Bank to support SMEs through a joint finance guarantee scheme. In 2024, the bank’s total assets grew by 17.2% to $61.5 billion. In January 2025, its subsidiary ADIB Capital launched its European Logistics Fund I to provide investors with access to logistics assets across Germany and Western Europe.