Company News
Dubai Bank
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 Participates In The 21st National Career Exhibition (6 February 2019)
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, is participating as an exhibitor at the 21stedition of the National Career Exhibition.



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.



Dubai Islamic Bank Full Year 2018 Group Financial Results (30 January 2019)
Dubai Islamic Bank (DFM: DIB), 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 31, 2018.



Dubai Islamic Bank successfully closes AT1 Perpetual Sukuk (23 January 2019)
The landmark issuance was subscribed nearly 5 times with around 40% interest generated from Asian and European investors.



Nasdaq Dubai Welcomes Listing Of USD 750 Million Sukuk By Dubai Islamic Bank (22 January 2019)
Nasdaq Dubai welcomed the listing today of a 750 million US dollar Sukuk by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. It is Nasdaq Dubai’s first Sukuk listing of 2019 and DIB’s seventh altogether on the exchange.



Offering Easy Payment Of Fines And Seasonal Parking Cards In Collaboration With Dubai Commercial Bank (17 January 2019)
Dubai’s Roads and Transport Authority (RTA) and the Dubai Commercial Bank International (DCB); a leading bank in the UAE, have agreed on an initiative whereby fines due from road users to the RTA and fees of seasonal parking cards can be paid through easy instalments.



Dubai Tourism Releases AED250 Million In Bank Guarantees Of Tourism Companies To Boost Investment In Ecosystem (8 January 2019)
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has initiated efforts to release approximately AED250 million in bank guarantees that have been furnished by tourism-related service providers.



Memorandum Of Understanding Signed Between Bosna Bank International And Dubai Islamic Economy Development Centre (29 December 2018)
Bosna Bank International is the first Shari’ah-compliant bank in Bosnia and Herzegovina and Southeast Europe. It launched operations in 2000 with its shareholders - the Islamic Development Bank Group, Dubai Islamic Bank and Abu Dhabi Islamic Bank.




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