12/18/2019
Shareholders gave approval for the acquisition through an increase of DIB’s capital from 6.6 billion shares to 7.2 billion shares, with a share swap ratio of 1 new share in DIB for every 5.49 Noor Bank shares, translating into an issuance of about 6
12/04/2019
Speaking on the collaboration, Saeed Al Qatami, CEO of Deyaar, said: “The timing has never been better for a financing partnership of this kind, with handover of Midtown’s Afnan District ongoing and Dania District set for completion soon.
12/04/2019
Showcasing his support for Islamic finance entities to thrive and grow globally and stressing on the way forward for the industry, Godwin Emefiele, Governor, Central Bank of Nigeria in his address said: “Globally, banking and financial landscapes hav
12/04/2019
The WIBC, hosted in strategic partnership with the CBB, brings Islamic banking experts from across the world to Bahrain to discuss key issues and review the latest developments and share insight into current trends
11/27/2019
Over 1,200 participants, 50+ country representations, 98+ partners, and 60+ high-profile speakers will provide breakthrough insights that will help Islamic Finance realise its global value proposition.
11/22/2019
This growth slowed from previous years, however, this was particularly noticeable in some of the industry’s main markets where the wider economy is sluggish.
11/20/2019
The bank added that its “new size and scale” when combined with Noor Bank “will allow DIB to expedite its strategy to connect the dots from Far East, sub-continent, and East Africa with Dubai”.