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Company News - Dubai Bank
Dubai Islamic Bank Completes Acquisition Of Noor Bank (23 January 2020)
Dubai Islamic Bank, DIB, today announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap. As part of this agreement, DIB has issued 651,159,198 new shares to take its issued share capital to 7,240,744,377 shares.

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

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.


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