Financial News
- Dubai, November 21, 2007:Millennium Capital Limited named first Category 1 Islamic investment bank to operate from DIFC
- Dubai, October 30, 2007:DIB announces nine month net profit
of AED 1.9 billion, up 86 per cent
- Dubai, October 24, 2007:Dubai Islamic Bank signs agreement with Dubai Sports City
- Dubai, September 8, 2007:Dubai Islamic Bank and Al Hamad Group sign AED 407 million financing facility agreements
- Dubai, July 28, 2007:DIB announces net profit of AED 1.5 billion for first half of 2007, up 113 per cent
- Dubai, May 22, 2007:Dubai Islamic Bank team highlights strength of Islamic finance sector to London-based institutional investors
- Dubai, April 30, 2007:Dubai Islamic Bank receives
approval to establish Islamic bank in Syria
- Dubai, April 24, 2007:Dubai Islamic Bank’s first quarter net profit
increases 28 per cent to AED 424 million
- Dubai, April 11, 2007:Al Burj Real Estate net profit touches AED 925 million in its first year of operations
- Dubai, March 3, 2007:DIB and KHARAFI Group signs 750 million agreement to finance Construction of Jebel Ali Airport City
- Dubai, February 25, 2007:Dubai Islamic Bank AGM approves bonus share of 7per cent and cash dividend of 35per cent
- Dubai, February 25, 2007:Dubai Islamic Bank kick-starts roadshows for its inaugural Sukuk
- Dubai, January 21, 2007:Dubai Islamic Bank net profit grows 47% to AED 1.56 billion
- Dubai, January 20, 2007:DIB to launch the world’s first Sharia’a consultancy firm