Press Releases 2006
- Dubai, December 10, 2006:DIB launches Al Islami Land Trading Finance
- Dubai, December 9, 2006:DIB breaks another world record in Sukuks
- Dubai, December 3, 2006:Dubai Islamic Bank holds “Recruitment Day” for UAE nationals
- Dubai, November 27, 2006:Dubai Islamic Bank opens its first Real Estate Finance office at Dubai Land Department
- Dubai, November 18, 2006:Moody’s assigns “A1/Prime 1” ratings to Dubai Islamic Bank
- Dubai, November 15, 2006:Dubai Islamic Bank signs agreement with Emirates Banking Institute for Qiyadi
- Dubai, November 14, 2006:Millennium Finance Corporation launches USD1 billion Global Energy Fund and USD1 billion TMT Fund managed by Millennium Private Equity
- Dubai, November 7, 2006:Nakheel Group launches US$ 2.5 billion Sukuk
- Dubai, November 6, 2006:Dubai Islamic Bank hosts Open Forum for College Students
- Dubai, November 4, 2006:Dubai Islamic Bank launches 3 year Capital Protected DFM Note
- Dubai, October 27, 2006:DIB announces nine months net profit AED 1.02 billion, a 26% increase
- Dubai, October 18, 2006:Dubai Islamic Bank receives ‘A’ long-term rating from Standard & Poor’s
- Dubai, October 11, 2006:Dubai Islamic Bank successfully closes CLIP Note
- Dubai, October 10, 2006:DIB ladies staff pay visit to the Community Centre for the Elderly
- Dubai, October 4, 2006:Millennium Finance Corporation advises Anzon Energy to issue securities worth US$ 75 million to RAK Petroleum
- Dubai, September 24, 2006:Dubai Islamic Bank donates AED 2 million to support “Al Meer Al Ramadani” project
- Dubai, September 16, 2006:Dubai Islamic Bank to sponsor National Businesswomen Campaign
- Dubai, September 11, 2006:DIB launches Shari’ah-compliant Commodity Linked Notes
- Dubai, August 29, 2006:Dubai Islamic Bank closes Al Islami Shipping Fund
- Dubai, August 19, 2006:DIB initiates the evaluating process for the “Qiyadi” qualifiers
- Dubai, August 8, 2006:DIB Honours High School Graduates
- Dubai, August 7, 2006:Dubai Islamic Bank announces winners of first
raffle draw
- Dubai, August 6, 2006:Dubai Islamic Bank opens new branch in Abu Dhabi
- Dubai, July 30, 2006: Dubai Islamic Bank donates AED 5 million towards healing Lebanon's wounds
- Dubai, July 30, 2006: DIB launches leadership development programme “Qiyadi” for UAE Nationals
- Dubai, July 18, 2006: Dubai Islamic Bank announces H1 net profit of AED 707 million, a 56% increase
- Dubai, July 3, 2006:
Dubai Islamic Bank launches Al Islami Shipping Fund
- Dubai, July 1, 2006:
Dubai Islamic Bank opens 2 new branches in Dubai
- Dubai, June 26, 2006:
DIB launches the 5th round of Iktasib; professional banking training for more than 180 UAE nationals
- Dubai, June 7, 2006:
Dubai Islamic Bank organised open day for UAE National job seekers in Abu Dhabi
- Dubai, June 6, 2006:
Dubai Islamic Bank to install 97 ATMs by end of 2006
- Dubai, June 4, 2006:
HH Sheikh Saud bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah inaugurates DIB’s second branch in Ras Al Khaimah
- Dubai, May 23, 2006:
Dubai Islamic Bank launches Al Islami Capital Protected Fund
- Dubai, May 22, 2006:
DIB opens ‘Johara’ branch in Al Ain
- Dubai, May 16, 2006: 33 local & international banks participate in Trade Finance Manager’s meeting hosted by DIB
- Dubai, May 15, 2006:
Dubai Islamic Bank closes USD 500 million syndicated facility for ENOC Subsidary “EPCL”
- Dubai, May 7, 2006:
DCA closes US$ 1 billion Ijara facility lead managed by Dubai Islamic Bank
- Dubai, May 5, 2006:
Dubai Islamic Bank launches ‘Flexi Drive’ Residual Value Auto Finance Product
- Dubai, April 29, 2006:
Dubai Islamic Bank opens new branch in Umm Al Quwain
- Dubai, April 25, 2006:Dubai Islamic Bank launches Euro 30 million Pan European Real Estate Fund
- Dubai, April 19, 2006:Dubai Islamic Bank sponsors UAE Ministry of Education Award
- Dubai, April 17, 2006:Dubai Islamic Bank’s Q1 profit up 127% to AED 695 Million
- Dubai, April 4, 2006:Dubai Islamic Bank and Dubai World to launch US$ 5 billion family of sector specific private equity funds
- Dubai, April 3, 2006:Dubai Islamic Bank’s Al Ain operations create new opportunities for UAE nationals
- Dubai, March 30, 2006:DIB’s AED 1 billion rights issue to open in mid-April
- Karachi, March 29, 2006:Dubai Islamic Bank launches operations in Pakistan; President of Pakistan, General Pervez Musharraf attends opening ceremony of DIB Pakistan Limited
- Dubai, March 19, 2006:Important and Urgent Announcement to Dubai Islamic Bank Shareholders
- Dubai, March 19, 2006:Dubai Islamic Bank extends subscription period of capital increase rights issue
- Dubai, March 7, 2006: DIB witnesses overwhelming response during the 8th National Careers Exhibition
- Dubai, February 28, 2006: IFS launch the first remote trading office in Al Ain
- Dubai, February 25, 2006: Dubai Islamic Bank AGM approves bonus share dividend of 20 % and cash dividend of 20 %
- Dubai, February 23, 2006: President of Sudan inaugurates Emirates and Sudan Bank (ESB)
- Dubai, February 11, 2006: Dubai Islamic Bank launches “Al Islami Savings Scheme”
- Dubai, February 3, 2006: Dubai Islamic Bank launches “Al Islami Credit cards”
- Dubai, January 29, 2006: DIB, the world’s first full-fledged Islamic bank, selects i-flex’s FLEXCUBE
- Dubai, January 28, 2006:Dubai Islamic Bank opens new branch in Fujairah
- Dubai, January 22, 2006: Dubai Islamic Bank to increase paid-up capital by AED 1 billion; Delivers world class performance as profits grow 130% to AED1.061 billion
- Dubai, January 22, 2006: DIB ties up with UAE Red Crescent to launch “The Charity Dirham”
- Dubai, January 21, 2006:D9th International Islamic Finance Forum to be held in March 2006
- Dubai, January 16, 2006: Dubai Islamic Bank achieves 43 per cent Emiratisation in 2005
- Dubai, January 13, 2006: World’s largest Sukuk raises more than US$11.4 billion