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Company News - Dubai 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.

Nasdaq Dubai Welcomes USD 1.5 Billion Sukuk Listing By Islamic Development Bank (28 April 2019)
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk by Islamic Development Bank (IDB). The listing underlines Dubai’s role as the largest centre globally for Sukuk listings by nominal value currently totaling 60.89 billion US dollars.

Dubai Islamic Bank Considers Noor Acquisition (23 April 2019)
Dubai Islamic Bank, DIB, on Tuesday said its board considered the potential acquisition of Noor Bank.

Nasdaq Dubai Welcomes US$750 Million Bond Listing By Emirates Development Bank (26 March 2019)
The newly appointed Chief Executive Officer of Emirates Development Bank, EDB, Faisal Aqil Al Bastaki, rang the market-opening bell today to celebrate the listing of a US$750 million conventional bond on Nasdaq Dubai.

Dubai Islamic Bank Recognized With Nine Distinctive Honors At The 2019 Islamic Finance News Awards (11 March 2019)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received nine industry recognitions at the prestigious Islamic Finance News (IFN) Awards 2019.

Dubai Islamic Bank Hosts Annual General Meeting (7 March 2019)
Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced that the assembly has approved the bank’s 2018 financial statements and other tabled resolutions closing another year of growth and success for the bank.

Nasdaq Dubai Welcomes Listing Of US$750 Million Bond By Emirates Development Bank (6 March 2019)
Nasdaq Dubai welcomed the listing today of a US$750 million conventional bond by Emirates Development Bank, EDB. It is the first product to be listed on the exchange by the bank, which is wholly owned by the UAE government.

Dubai Islamic Bank And DEWA Sign Agreement To Provide Preferential Profit Rates On DEWA Store For Financing Electric Vehicles (5 March 2019)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electric vehicles within the DEWA Store on DEWA’s smart app.

Commercial Bank of Dubai approves distribution of 20.7 percent of the bank’s capital as cash dividends (22 February 2019)
Commercial Bank of Dubai announced that its board of directors approved the distribution of 20.7 percent of the bank’s capital as cash dividends.

Dubai Islamic Bank Rings Market-Opening Bell To Celebrate Listing USD 750 Million Sukuk On Nasdaq Dubai (6 February 2019)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell today to celebrate the listing of a 750 million US dollar Sukuk on Nasdaq Dubai.


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