Islam, Islamic, Islamic News, Fatwa's and Islamic Business/Finance with Islam Online

DIB announces date of new share issuance

Published: 09/05/2013 04:26:24 AM GMT
Related Stories

The strength of DIB 's balance sheet and access to DIB 's diverse, low-cost deposit base significantly enhances the attractiveness of this busine (more)

"The strength of DIB 's balance sheet and access to DIB 's diverse, low-cost deposit base significantly enhances the attractiveness of this business. This will result in a much more viable and profitable business model going forward. With this acquisition, DIB is now ideally positioned to play its due role in the resurgence of the real estate market in the UAE," he added.Investors should contact their broker or custodian in the first instance if they have any questions regarding their new DIB shareholding following the execution of the share swap.

© Emirates 24|7 2013

© Copyright . All Rights Reserved.




Advertisement







Advertisment