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          Dubai Islamic Bank

          Latest financial news on DIB, a public joint-stock company and bank that operates on Sharia principles

          Rating agency Moody's issued counterparty risk ratings to 11 banks in Saudi Arabia, and 46 banks elsewhere in the GCC, assessing their ability to honour non-debt financial obligations. Waseem Obaidi for The National

          Moody’s assigns ‘counterparty risk’ ratings to GCC banks

          BankingJune 28, 2018
          Dubai Islamic Bank second-quarter profit rises 14 per cent to Dh1.21bn. Courtesy Dubai Islamic Bank

          DIB's Dh5.1bn rights issue three-times subscribed on foreign demand

          BankingJune 10, 2018
          The DIB board is recommending its shareholders acquire 100 per cent of Noor shares. Chris Whiteoak / The National

          Moody's expects DIB credit growth at 10 to 15 per cent in 2018

          BankingJune 09, 2018
          Mashreq Bank on Thursday reported a 28 per cent drop in its first quarter net profit. Chris Whiteoak / The National

          Outlook for Arabian Gulf banks rosier in 2018 as oil rebounds

          BusinessMay 20, 2018
          Customers leave a branch of Malaysia's Maybank in Putrajaya. The ldender may open operations in Dubai. Bazuki Muhammad/Reuters

          Exclusive: Malaysia’s Maybank Islamic in talks with regulators to launch operations in Dubai

          BankingApril 28, 2018
          Emirates NBD started strategic rights issue to raise up to Dh6.45 billion to support its future growth. Chris Whiteoak / The National

          Emirates NBD, DIB post higher-than-forecast first quarter net profit

          BankingApril 18, 2018
          The DIB board is recommending its shareholders acquire 100 per cent of Noor shares. Chris Whiteoak / The National

          Dubai Islamic Bank's first quarter net income surges, beating estimates

          BankingApril 18, 2018
          A model of the Mont Rose development, which Deyaar expects to complete this year. Company said on Saturday its net income rose 25 per cent in the first quarter as revenues climbed. Antonie Robertson / The National

          Deyaar reports 25% rise in first quarter net income as revenues climb

          PropertyApril 14, 2018
          UAE bank profitability slipped in the fourth quarter of 2017. Mona Al-Marzooqi / The National

          UAE banks less profitable in Q4 as costs trump income, Alvarez & Marsal says

          BusinessMarch 20, 2018
          An Emirates Airline Boeing 777 aircraft takes off from the Felix Houphouet-Boigny Airport in Abidjan on November 28, 2017. The airline is set to issue sukuk to meet aircraft financing needs. / AFP PHOTO / ISSOUF SANOGO

          Emirates to close $600m 10-year sukuk

          AviationMarch 16, 2018
          The UAE mobile wallet market is expected to grow at a compound annual growth rate of 24 per cent and reach $2.3 billion by 2022, according to a report from US-based TechSci Research. Getty Images

          Bank initiative seeking to remove Dh65.4 billion in cash from UAE streets

          TechnologyMarch 05, 2018
          First Abu Dhabi Bank is the largest bank in the UAE, predicted to see solid profitability in 2018, according to Moody's. Chris Whiteoak / The National

          UAE’s largest banks to see 'solid' profits this year despite rising costs

          BusinessFebruary 20, 2018
          ADIB's fees and commissions income rose 52.4 per cent, while credit provisions and impairments declined 33.8 per cent. Mona Al Marzooqi / The National

          ADIB fourth-quarter net profit up 33.4% on fees income, lower impairments

          EconomyFebruary 05, 2018
          ADCB’s operating expenses rose 10 per cent in the fourth quarter to Dh800 million. Mona Al Marzooqi / The National.

          ADCB, Mashreq 2017 net profits rise, but miss analysts' forecast

          BankingJanuary 28, 2018
          DIB says accusation of other financial institutions is part of its expansion strategy. Mona Al Marzooqi / The National

          DIB seeks shareholder approval for up to $5bn sukuk issuance

          BankingJanuary 24, 2018
          Dubai Islamic Bank shares surged on the bank's report of a 20 per cent rise in annual profits. Mona Al Marzooqi / The National

          Dubai Islamic Bank annual profits surge 20% to beat estimates

          BankingJanuary 17, 2018
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