Abu Dhabi Islamic Bank (ADX:ADIB) made an offer to acquire 43.1% stake in Adilease from Assiut Islamic Trading (EGX:AITG) and El Kahera El Watania Investment (EGX:KWIN) for EGP 22.9 million on August 12, 2014. Abu Dhabi Islamic Bank will take over 4.2 million Adilease shares at a price of EGP 5.56 per share. The Egyptian Financial Supervisory Authority approved the transaction on August 12, 2014.

Abu Dhabi Islamic Bank (ADX:ADIB) completed the acquisition of 18.41% stake in Adilease from El Kahera El Watania Investment (EGX:KWIN) on September 14, 2014. Under the terms of the agreement Abu Dhabi Islamic Bank acquired 1.76 million shares. As of September 23, 2014, Abu Dhabi Islamic Bank acquired additional 1.36 million shares of Adilease at EGP 5.56 per share. El Kahera El Watania Investment sold further 0.1 million shares.