Saturday 2 August 2014
Jordan Dubai Islamic Bank

Jordan bank adopts Microsoft technology

Jordan Dubai Islamic Bank (JDIB) said it has become the first bank in the Kingdom to implement Microsoft’s Virtual Desktop Infrastructure (VDI) technology. The VDI solution introduces a new way of managing user desktops by e


PE firm buys 6.6pc of Jordan Dubai Islamic

Jordan-based private equity firm Foursan Group has acquired a 6.6 per cent stake in Jordan Dubai Islamic Bank (JDIB), making it the bank's second largest stakeholder, Foursan said on Thursday. The firm declined to disclose the monet


Jordan DIB trades on Amman bourse

Jordan Dubai Islamic Bank (DIB) made its market debut on the Amman stock exchange on Wednesday, nearly 18 months after UAE-based investors bought a majority stake in a local Jordanian bank and rebranded it. The UAE's Dubai Islamic Bank had


DIB gets Jordan banking licence

Dubai Islamic Bank (DIB) said that Jordan-based Industrial Development Bank (IDB) has received a preliminary banking licence by the Central Bank of Jordan to operate as an Islamic financial institution. The new entity, Jordan Dubai Islamic


Consortium buys into Jordan bank, rebrands it

A Jordanian-UAE consortium said it has signed an agreement to acquire 52 per cent of the Industrial Development Bank and rebrand it as Jordan Dubai Islamic Bank (JDIB). The alliance consists of Dubai International Capital (DIC), Dubai Isla

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