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Dubai Islamic Bank

UAE bourses closed higher
Markets

UAE bourses closed higher

DUBAI: Stock markets in United Arab Emirates closed higher on Tuesday, as they reopened after Eid holidays, with Abu...
Published 13 Jul, 2022 05:48am
Gulf markets fall
Markets

Gulf markets fall

DUBAI: Middle Eastern stock markets fell on Monday, with Saudi’s main share index trading lower for a fourth...
Updated 15 Mar, 2022 06:35am
Dubai Islamic Bank sells $1 billion in 5-year sukuk
Business & Finance

Dubai Islamic Bank sells $1 billion in 5-year sukuk

  • It sold the sukuk at 110 basis points (bps) over mid-swaps, tightened from initial guidance of around 135 basis points over mid-swaps.
  • DIB, a regular issuer in the international debt market, raised $500 million in April in a sukuk sale that set a record low rate for Additional Tier 1 (AT1) deals from the region.
Published 15 Jun, 2021 05:48pm