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Company News - Dubai Bank
Nasdaq Dubai Welcomes Listing Of 1 Billion Euro Green Sukuk By Islamic Development Bank (4 December 2019)
Nasdaq Dubai today welcomed the listing of a one billion Euro green Sukuk by Islamic Development Bank, IsDB, the multilateral lender which finances development across its 57 member countries.

Dubai Islamic Bank Closes Landmark $750 Million Sukuk (19 November 2019)
Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent to 140bps over the 5-year Mid Swap Rate.

Commercial Bank Of Dubai Reports 26.1 Percent Increase In Net Profit To AED1.063 bn (17 October 2019)
Commercial Bank of Dubai today reported a net profit of AED1,063 million for the first nine months of 2019, a 26.1 percent increase over the same period last year.

Dubai Islamic Bank Group 3rd Quarter 2019 Financial Results (15 October 2019)
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending September 30, 2019.

Kuwait’s Warba Bank Rings Market Opening Bell To Celebrate Listing Of USD 500 Million Sukuk On Nasdaq Dubai (9 October 2019)
Shaheen Al-Ghanem, Chief ExecutiveofWarbaBank, one of Kuwait’s leading banks, today rang the market-opening bell to celebrate the listing on Nasdaq Dubai of a 500 million US dollar Sukuk.

Dubai Islamic Bank Continues To Successfully Create Growth Opportunities For Emiratis (29 September 2019)
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, announced today that it will continue to support the nation’s Emiratization agenda as part of its ongoing commitment to develop the leadership skills of Emiratis within the bank.

Arada Reaches 4,000-Unit Sales Milestone And Ties Up With Dubai Islamic Bank To Provide Home Financing Solutions (4 August 2019)
Arada has announced a partnership with the UAE’s largest Islamic lender, Dubai Islamic Bank (DIB), which will streamline the home ownership process for buyers in the former’s projects.

Dubai Islamic Bank Group 1st Half 2019 Financial Results (16 July 2019)
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending June 30, 2019.

Dubai Islamic Bank Outlines Plans To Acquire Noor Bank (10 June 2019)
Dubai Islamic Bank (DIB), amongst the largest Islamic bank in the world is set to acquire Noor Bank, enhancing Dubai’s position as the capital of Islamic economy and creating the region’s most powerful Shari’a banking group.

Dubai Islamic Bank Named Best Performing Outlet By Dubai Service Excellence Scheme For Third Successive Year (5 May 2019)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced today that it has been awarded the ’Best Service Performance Outlet’ for its Emirates Head Quarter branch for 2018, under the Banking Services business category at the Dubai Service Excellence Scheme (DSES).


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