Tag: Dubai Islamic Bank
Banks Waive Over AED869 Million In Debts Of 1,607 Emiratis
Dubai: The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value...
Dubai Islamic Bank donates AED16 million to Zakat Fund projects
ABU DHABI, (WAM) -- The Dubai Islamic Bank donated AED16 million to the Zakat Fund, whose projects this year are being carried out under...
Dubai Banks Buy Park Operator’s Debt as Meraas Plans Revamp
(Bloomberg) -- Two of Dubai’s biggest banks bought loans made to DXB Entertainments PJSC from other regional lenders as part of plans by its majority...
UAE’s Central Bank Monitoring Job Cuts In Financial Sector
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go...
DIB completes the acquisition of Noor Bank
The bank is positioned to become one of the largest Islamic Banks in the world with total assets exceeding AED 275 billion.
The...