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Dubai Islamic Bank

Dubai at sunset - illustrative purposes only

Dubai Islamic Bank To Boost Capital Through Sukuk Sale

Gulf banks are expected to comply with tighter Basel III global standards for core capital, which will be gradually introduced over coming years.

March 5, 2013 10:56
 
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Dubai bank tackles ‘savings’ issue with piggy bank alternative

Kipp is pleased to see that media reports discussing the disappointing savings habits among UAE residents has woken somebody up...

September 18, 2012 9:26
 
Dubais-DIFC-investment-gets-1.04-billion-loan-to-repay-Islamic-bond

Dubai Emirates Islamic picks banks for benchmark USD bond

Dubai's Emirates Islamic Bank, a unit of Emirates NBD, has picked banks for a potential benchmark-sized dollar sukuk, or Islamic bond, lead arrangers said on Tuesday.

July 4, 2012 11:07
 
Dubai's Tamweel picks banks for roadshows; sukuk may follow

Dubai’s Tamweel eyes $235 million mortgage-backed sukuk

Tamweel, a unit of Dubai Islamic Bank, has not disclosed a target size for the proposed sale. It kicked off investor meetings on Tuesday in Abu Dhabi and roadshows are due to end on June 25.

June 20, 2012 10:20
 
Emirates Airline to raise $517M Islamic loan

Emirates Airline to raise $517M Islamic loan

Dubai's Emirates airline has hired three local banks to arrange a 1.9-billion dirhams ($517.3 million) Islamic loan facility to finance three aircraft, the chief executive of one of the banks confirmed on Tuesday.

February 7, 2012 3:12
 

Emaar draws on Dubai Mall to raise $1B

Facility backed by Dubai Mall - statement; Favourable rate secured in difficult funding environment

December 19, 2011 3:45
 

Dubai’s Tamweel sets up $1B bond programme

Islamic mortgage lender Tamweel, badly hit by the global financial crisis and the region's property bust, has set up a $1 billion bond programme, according to a base prospectus.

December 6, 2011 10:21
 

Dubai Islamic eyes bond sale for Tamweel unit

Dubai Islamic Bank (DIB) and its mortgage unit Tamweel plan to hold fixed income roadshows beginning in Asia, followed by the United Arab Emirates and Europe, eyeing a potential bond sale for the unit guaranteed by the bank.

November 30, 2011 12:13
 

Dubai Islamic Bank Q3 profit climbs 10.5 percent

Dubai Islamic Bank , the Gulf Arab emirate's third-largest bank by market value, reported on Saturday a 10.5 percent rise in third-quarter net profit, beating analyst expectations.

October 29, 2011 3:03
 

UAE’s Tamweek Q3 net profit exceeds expectations

Q3 net profit 15.7 million dirhams vs 7.3 million dirhams; Impairment provisions fell to 13.5 million dirhams

October 23, 2011 2:22
 
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