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          Dubai Islamic Bank

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

          Noor Bank chief executive John Iossifidis. The lender is in the middle of a takeover by Dubai Islamic Bank, the UAE's largest Shariah-compliant lender. Victor Besa / The National

          Noor Bank raises Dh500m for fixed maturity investment plan with Azimut

          BankingJuly 07, 2019
          Dubai Islamic Bank first half net profit climbed 12.5 per cent to Dh2.7 billion. Bloomberg

          First banking M&A wave in GCC subsides but UAE still ripe for consolidation, says S&P

          BankingJuly 03, 2019
          First Abu Dhabi Bank, the UAE's biggest bank by assests - stability in oil price has helped lift the growth prospects of lenders in the wider GGC market. Chris Whiteoak / The National

          Stable oil price lifts GCC banking sector outlook, says Fitch

          BankingJuly 03, 2019
          Japan is the kingdom’s second largest source of foreign capital and third-largest trading partner. Bloomberg

          Sabb completes merger with Alawwal Bank creating third-largest Saudi lender

          BankingJune 16, 2019
          The DIB board is recommending its shareholders acquire 100 per cent of Noor shares. Chris Whiteoak / The National

          Dubai Islamic Bank board recommends Noor takeover to shareholders

          BankingJune 10, 2019
          Commercial Bank of Dubai has set a foreign ownership limit of 40 per cent following approval from the company’s shareholders. Bloomberg

          Dubai CBD denies M&A activity saying it is focused on growth

          BankingMay 29, 2019
          DIB says accusation of other financial institutions is part of its expansion strategy. Mona Al Marzooqi / The National

          Dubai Islamic Bank and Noor hire advisers for merger talks

          BankingMay 13, 2019
          Abu Dhabi Commercial Bank's first-quarter net income slipped 5 per cent. Delores Johnson / The National

          UAE banks ADCB and UNB formally merge and take over Al Hilal

          BankingMay 01, 2019
          First Abu Dhabi Bank, the UAE's biggest bank by assests - stability in oil price has helped lift the growth prospects of lenders in the wider GGC market. Chris Whiteoak / The National

          FAB reports 4% rise in Q1 net income as impairment charges fall

          BankingApril 29, 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 NCB reports 6% rise in Q1 income on operating profit

          BankingApril 24, 2019
          DIB says it is considering acquiring Noor Bank. Courtesy Dubai Islamic Bank

          DIB considers acquisition of Noor Bank as lender's Q1 profit beats estimates

          BankingApril 23, 2019
          DIB says accusation of other financial institutions is part of its expansion strategy. Mona Al Marzooqi / The National

          DIB says it is open to acquiring other banks as part of expansion strategy

          BankingApril 14, 2019
          DIB and Noor Bank said they do not comment on speculation amid report DIB is in talks to buy Noor Bank. Mona Al Marzooqi / The National

          Potential Noor Bank acquisition 'positive' for Dubai Islamic Bank

          BankingApril 10, 2019
          The rise of the global digital economy may well provide job growth rather than curtail it. AFP

          Investment to rise in digital economy as e-commerce booms globally

          EconomyApril 08, 2019
          DIB says it is considering acquiring Noor Bank. Courtesy Dubai Islamic Bank

          DIB gets shareholders’ nod for $5bn sukuk issuance programme

          BankingMarch 07, 2019
          “Last year was a positive one for Deyaar," Saeed Al Qatami CEO of Deyaar says. Chris Whiteoak / The National

          Deyaar reports 7.4% rise in 2018 net profit on project deliveries

          PropertyJanuary 30, 2019
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