Dubai Islamic Bank - Global Business Magazine

Dubai Islamic Banks Report Net profit of $500 million

Global Business Magazine April 25, 2024

Higher total income coupled with lower impairment charges helped Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to post Read More

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UAE’s Top 10 Listed Banks’ Aggregate Net Income Grew by

Global Business Magazine February 29, 2024

Riding on higher interest rates, the aggregate net income of the UAE’s 10 largest listed banks grew by 54.1% y-o-y to $20.94 billion 2023, Dubai-based Read More

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Dubai Taxi Company Offers 25% Stake on Dubai Financial Market

Global Business Magazine November 14, 2023

A day after H H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE issued Law No (21) Read More

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Dubai Islamic Bank Enters Turkish Digital Banking and Financial Technology

Global Business Magazine October 2, 2023

Dubai Islamic Bank (DIB), the largest participation bank by asset size in the UAE, on Friday said that it has acquired minority Read More

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Saudi Telecom Provider TAWAL Begins Operations in Europe

Global Business Magazine August 28, 2023

stc Group, an engine of digital transformation, providing innovative products and services in Saudi Arabia and the MENA region, has announced that Read More

Banking Featured Finance News Regional

UAE Banks Improve Profitability Supported by Increase in Operating Income

Global Business Magazine August 25, 2023

Alvarez & Marsal (A&M), the leading global professional services firm, on Thursday released its latest UAE Banking Pulse for the second quarter Read More

Banking Featured Finance News Regional

EIIC Acquires Minor Stake in Abu Dhabi Islamic Bank

Global Business Magazine May 8, 2023

Emirates International Investment Company (EIIC), the strategic investment arm of National Holding, ON Friday announced that it has acquired a minor stake Read More

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Dubai Islamic Bank Achieves 47% Growth in Total Income in

Global Business Magazine April 19, 2023

Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Thursday announced a 47% increase in total income to $1.2 billion for the Read More