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          Dubai Islamic Bank

          EDB chief executive Ahmed Al Naqbi and DIB group chief executive Adnan Chilwan sign the preliminary agreement. Photo: EDB and DIB

          EDB and DIB team up to fund UAE SMEs

          BusinessFebruary 23, 2022
          Deyaar said its hospitality portfolio benefited from a rebound in Dubai's tourism sector. Pawan Singh / The National.

          Deyaar returns to profit amid continued property market recovery

          PropertyFebruary 11, 2022
          The Islamic bond will be issued by DIB Sukuk and will be listed on Euronext Dublin and Nasdaq Dubai. Mona Al Marzooqi/ The National

          Dubai Islamic Bank issues $750m sukuk

          BankingFebruary 09, 2022
          Dubai Islamic Bank reported lower impairment charges in 2021, pushing net profit higher. Photo: Dubai Islamic Bank

          DIB’s 2021 profit climbs 33% on lower impairment charges

          BankingJanuary 26, 2022
          Dubai Islamic Bank says its Rabbit app offers a 'happy and fun-filled interaction' while serving the everyday financial needs of its new generation and the millennial customers. Mona Al Marzooqi / The National

          Dubai Islamic Bank launches Rabbit 'FunTech' app aimed at tech-savvy customers

          BankingDecember 21, 2021
          Dubai Islamic Bank last month reported second-quarter profit of Dh1bn amid continued economic recovery. Jeffrey E Biteng / The National

          DIB increases foreign ownership limit of its shares to 40%

          BankingAugust 05, 2021
          Dubai Islamic Bank customer deposits rose by 6% to Dh218.3bn in the first half of the year, compared with the end of 2020. Mona Al Marzooqi / The National

          DIB reports $274m second-quarter net profit as economic recovery continues

          BankingJuly 28, 2021
          Dubai Islamic Bank is owed $425 million by healthcare group NMC, which was placed into administration last year. Reuters

          Dubai Islamic Bank wins latest round of ongoing legal tussle with NMC's administrators

          BankingJuly 18, 2021
          Administrators of NMC Health have secured enough support from creditors for a financial restructuring of the business, which will wipe out some of its debt. Ravindranath K / The National

          NMC's administrators set for new round of hearings in dispute with Dubai Islamic Bank

          BusinessMay 28, 2021
          Dubai Islamic Bank reported a 34 per cent drop in its full-year net profit on Tuesday. Mona Al Marzooqi / The National

          Dubai Islamic Bank’s full year profit drops on higher impairment charges

          BankingFebruary 16, 2021
          Dubai Islamic Bank closes the lowest-ever yielding additional tier-1 sukuk. Mona Al Marzooqi / The National

          Dubai DIB closes the lowest-ever yielding additional tier-1 sukuk

          BankingNovember 14, 2020
          Dubai Islamic Bank now has assets of more than Dh300 billion following the completion of its integration of Noor Bank. Victor Besa/The National

          Dubai Islamic Bank completes integration of Noor Bank

          BankingNovember 02, 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

          Dar Al Takaful to buy Noor Takaful for Dh215m

          MarketsJune 07, 2020
          Banks started to report their exposure to Phoenix Global, the Dubai-based trading arm of collapsed commodities broker Phoenix Commodities. The company claimed to be one of the largest rice distribution companies in the world, delivering close to 2 million metric tons of rice to its customers around the world each year. Bloomberg

          UAE banks report exposure to commodities broker in liquidation

          MarketsMay 12, 2020
          Kristo Kaarmann, founder and chief executive of TransferWise, said the UAE is one of the most important remittance markets in the world. Photo courtesy TransferWise

          Low-cost money transfer service TransferWise arrives in UAE

          MoneyApril 15, 2020
          Ambulances outside the NMC Speciality Hospital in Dubai. Parent company NMC Health was placed into administration in April following a petition by its biggest creditor, Abu Dhabi Commercial Bank. Bloomberg

          Chief restructuring officers appointed at NMC Health

          EconomyApril 15, 2020
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