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          Dubai Islamic Bank

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

          A logo sits on display outside the NMC Speciality Hospital, operated by NMC Health Plc, in Abu Dhabi, United Arab Emirates, on Sunday, March 1, 2020. Troubled NMC Health Plc, the largest private health-care provider in the United Arab Emirates, asked lenders for an informal standstill on its debt as Abu Dhabi weighs an injection of capital to safeguard the emirate’s reputation among global investors. Photographer: Christopher Pike/Bloomberg

          NMC Health, Finablr and UAE Exchange – who is owed what?

          MarketsApril 08, 2020
          A logo sits on display outside the NMC Speciality Hospital, operated by NMC Health Plc, in Abu Dhabi, United Arab Emirates, on Sunday, March 1, 2020. Troubled NMC Health Plc, the largest private health-care provider in the United Arab Emirates, asked lenders for an informal standstill on its debt as Abu Dhabi weighs an injection of capital to safeguard the emirate’s reputation among global investors. Photographer: Christopher Pike/Bloomberg

          UAE firms declare exposure to NMC Health

          MarketsApril 07, 2020
          The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg

          UAE banks reveal exposure of Dh8bn to NMC Health

          BankingApril 06, 2020
          Citi and HSBC offices in London. The international banks have rolled out various measures to provide financial relief for UAE consumers affected by the Covid-19 outbreak. Peter Macdiarmid / Getty Images

          Are foreign banks in the UAE helping customers affected by Covid-19?

          MoneyMarch 30, 2020
          Emirates NBD and other Dubai lenders will help customers manage their finances during the coronavirus crisis and its economic impact. Satish Kumar / The National

          Coronavirus: Dubai banks roll out measures to support customers

          BankingMarch 22, 2020
          Dubai Islamic Bank shareholders approved a 35 per cent dividend payout alongside the increase in its foreign ownership limit. Image courtesy of Dubai Islamic Bank

          Dubai Islamic Bank shareholders approve lifting foreign ownership cap

          BankingMarch 16, 2020
          Bahrain-listed GFH FInancial Group on Wednesday reported a drop in its full year net profit. Shutterstock

          Bahrain’s UGH gets approval to acquire Bank of Baghdad stake

          BusinessJanuary 29, 2020
          Dubai Islamic Bank reported a 2 per cent year-on-year jump in its 2019 profit on Thursday. Bloomberg

          Dubai Islamic Bank completes acquisition of Noor Bank

          BusinessJanuary 23, 2020
          Nakheel’s chairman Ali Rashid Lootah moved to take up a new position in Dubai World. Pawan Singh / The National

          Nakheel restructures top management as chairman Ali Rashid Lootah moves to new role

          BusinessJanuary 21, 2020
          The board of MSM-listed Alizz Bank has approved the share swap ratio for its merger with Oman Arab Bank. Silvia Razgova / The National

          Oman Arab Bank's gets nod from Alizz board to proceed with merger

          BankingJanuary 19, 2020
          Dar Takaful's shares closed 6.6% higher at 61 fils per share on the Dubai Financial Market on Sunday as it announced a Dh215m acquisition of two Noor Takaful business units. Christopher Pike / The National

          Regional markets slump amid rising US-Iran tensions in the Middle East

          BusinessJanuary 08, 2020
          The MSM-listed Alizz banks says it has received a share swap offer from Oman Arab Bank. Silvia Razgova / The National

          Oman Arab Bank submits offer to take over Alizz Islamic Bank

          BankingDecember 31, 2019
          Dubai Islamic Bank reported a 17 per cent drop in its first-quarter net profit on Thursday. Mona Al Marzooqi / The National

          Dubai Islamic Bank shareholders approve Noor Bank acquisition

          BankingDecember 18, 2019
          Saudi Arabia’s National Commercial Bank, reported a 22 per cent drop in its second-quarter profit. Michael Bou-Nacklie for The National

          Saudi Arabia's largest lender abandons potential merger

          BankingDecember 16, 2019
          KFH suspended the acquisition of Bahrain’s Ahli United until December. Andrew Henderson / The National

          Merger momentum for Islamic banks to continue in 2020

          BusinessDecember 04, 2019
          Many UAE banks have introduced new financial relief measures amid the coronavirus outbreak in line with the central bank's Dh100 billion economic stimulus package. Victor Besa / The National

          UAE banks relatively undervalued compared to GCC peers, says analyst

          BankingDecember 01, 2019
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