Dubai Islamic Bank - UAE

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Recent Articles

• $866m IPO planned for Deyaar22 April 2007

  Gulf's biggest public offering in 15 months will be open to Arab nationals only.

• DIB complements risk management12 April 2007

  Dubai Islamic Bank (DIB) has deployed a solution from financial software vendor Check Free that confirms the validity of day-to-day transactions.

• Gulf market report - 9 April 20079 April 2007

  The DFM's winning streak was cut short today as the market closed at a loss.

• Dubai Islamic Bank denies bidding for Egypt's NBD7 April 2007

  The bank has said a report in UAE daily al-Bayan is 'totally untrue'.

• DIB funds to raise $800m by April21 March 2007

  Dubai Islamic Bank is on track for the first $800m of a $5bn group of private equity.

• Finance package signed for Dubai Logistics City4 March 2007

  DIB teams up with Kharafi Group for Dubai World Central contract finance package.

• Deyaar to launch IPO3 March 2007

  Deyaar, a subsidiary of Dubai Islamic Bank, has announced plans for an Initial Public Offering (IPO) during the first half of 2007.

• Nucleus to supply DIB with finnone module28 February 2007

  Dubai Islamic Bank (DIB) is aiming to speed up consumer loan processing by deploying a specialised banking solution from Nucleus Software.

• Deyaar to become a public firm26 February 2007

  Dubai Islamic Bank is to make its property unit a public joint stock company.

• DIB kicks off Islamic bond roadshow25 February 2007

  Dubai Islamic Bank is selling its first-ever U.S. dollar-denominated Islamic bond.

• DIB picks debut sukuk managers15 February 2007

  Standard Chartered is among those who will manage the Dubai Islamic Bank's inaugural U.S. dollar sukuk.

• Deyaar climbs near to 200%9 February 2007

  Dubai Islamic Bank's real estate arm, Deyaar, has announced its financial results for 2006

• DIB receives high grades1 December 2006

  Dubai Islamic awarded A1 rating for foreign currency

• Islamic banking gets a boost with Alnoor Bank30 November 2006

• UAE stocks up as Dubai investors build overseas18 November 2006

• Investors fear new falls as stocks slide4 November 2006

  Alexandra Dubsky

• Stock markets continue to creak31 October 2006

  Dubai dips below 400 and KSA goes under the 9000 mark. Why is it happening and how long will it last?

• Dubai Islamic boosts profits31 October 2006

  Net profit for first nine months up 26% year on year

• DIB opens in Abu Dhabi31 August 2006

• DIB honours students31 August 2006

• DIB closes shipping fund31 August 2006

  Fund invests in shipping assets via Musharaka model

• DIB invests in Himalaya boxes6 August 2000

  Dubai Islamic Bank has announced a multi-million dirham deal to revamp its systems.