Wednesday 7 December 2016
 
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DIB

DIB partners with flydubai for new credit card

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of its credit card in partnership with Dubai-based low-cost airline flydubai. The new DIB flydubai Credit Card will enable customers to enrol

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DIB partners with flydubai for new credit card

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of its credit card in partnership with Dubai-based low-cost airline flydubai. The new DIB flydubai Credit Card will enable customers to enrol

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Dubai Islamic Bank profits up 7pc to $819.7m

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by total assets, posted a group net profit of Dh3.011 billion ($819.78 million) for the first nine months of this year, up 7 per cent compared with Dh2.801 billion for the same period

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DIB sukuk may open window for Gulf bond issues

Gulf issuers of overseas bonds, kept on the sidelines by volatile markets, may revive their issue plans after Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, completed a $1 billion sukuk issue. The capita

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DIB, Air Arabia sign $230m aircraft financing deal

Dubai Islamic Bank (DIB) and Sharjah-based Air Arabia have signed a $230 million aircraft financing deal to facilitate the delivery of six new Airbus A320 aircraft in 2015. The signing ceremony was held in the DIB head office in the pre

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Dubai Smart Government activates DIB e-linkages

Dubai Smart Government (DSG) has announced the successful activation of electronic linkage between its Government Resources Planning (GRP) Systems and Dubai Islamic Bank (DIB). This initiative is in line with DSG’s strategy

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DIB buys 24.9pc stake in Indonesian lender

Dubai Islamic Bank has completed the acquisition of a 24.9 per cent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 per cent, it said on Monday.  

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DIB’s Q1 profit doubles on strong economy

Dubai Islamic Bank's (DIB) net profit for the first quarter doubled, it said on Thursday, as the booming local economy boosted revenue and cut bad debts. The result is consistent with the trend of rising profits for United Ara

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DIB appoints new managing director, CEO

Dubai Islamic Bank (DIB) has appointed Abdulla Al Hamli as the managing director and a board member for the bank, and Dr Adnan Chilwan as the chief executive officer. Mohammed Ibrahim Al Shaibani, director-general of The Ruler&rsq

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Mortgage lender Tamweel to delist from Dubai bourse

Sharia-compliant mortgage lender Tamweel said on Monday its shareholders had approved the company's delisting from the Dubai stock exchange, paving the way for its acquisition by Dubai Islamic Bank. Dubai Islamic Bank said in

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