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Company News - Dubai Bank
Bank Of China GM Rings Market Bell To Celebrate Listing Of Two Billion Renminbi Bond On Nasdaq Dubai (1 July 2015)
Tian Jun, General Manager, Bank of China Abu Dhabi Branch, today rang the market-opening bell to celebrate the listing of a two billion Renminbi (Chinese Yuan, or US$322 million) bond on Nasdaq Dubai.

Noor Bank CEO Rings Bell To Celebrate Listing Of Its Debut US$500 Million Sukuk On Nasdaq Dubai (30 June 2015)
Hussain Al Qemzi, CEO of Noor Bank, today rang the market-opening bell to celebrate the listing of a US$500 million Sukuk on Nasdaq Dubai.

Dubai Islamic Bank Sets Initial Price Thoughts For 5-Yr Dollar Sukuk-Leads (27 May 2015)
Dubai Islamic Bank will price a dollar-denominated sukuk issue as early as Wednesday after releasing price guidance for the transaction, a document from lead managers said.

Dubai Budget Turns Surplus On Improved Fiscal Position: US Bank (10 May 2015)
Dubai’s fiscal position continues to improve as the debt is dwindling and the emirate’s budget is set to return to surplus, according to a US bank.

Dubai’s Noor Bank Sets Price Thoughts For $500 ML 5-YR. Debut Dollar Sukuk (21 April 2015)
Reuters) - Dubai’s Noor Bank is marketing a $500 million, five-year debut U.S. dollar sukuk issue, which could price as early as Tuesday, a document from lead arrangers showed.

Habib Bank Limited Launches It’s New Jumeirah Branch In Dubai (24 March 2015)
HBL, the largest bank in Pakistan has opened its eighth branch in the UAE on March 23, 2015. The Jumeirah branch will complement the banks existing seven branches across the UAE, and will provide vital banking access for leading businesses across the Emirate.

Dubai Islamic Bank Wins Three Islamic Finance News Deal Of The Year Awards (5 March 2015)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, announced today that it has won three awards at the prestigious Islamic Finance News (IFN) Awards 2015.

Dubai Islamic Bank Records 63 Percent Increase In Profit In 2014 (2 March 2015)
Dubai Islamic Bank, DIB, has recorded a net profit of AED2.8 billion for the 12 months ended December 31st, 2014 ,a significant increase of 63 percent compared to AED1.70 billion in 2013, a statement from the bank said.

Commercial Bank Of Dubai Records 19 Percent Increase In Net Profit (29 January 2015)
Commercial Bank of Dubai’s net profit for the year ended 31st December 2014 increased by 19% to AED1,202.3 million as compared to AED1,010.2 million for the year ended 31st December 2013.

Dubai Islamic Bank Group Profit Up By 63 Percent (25 January 2015)
Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today announced its results for the year ended December 31st, 2014.


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