Dubai Islamic Bank profits up 31%
United Arab Emirates: Tuesday, April 29 - 2008 at 15:55
Dubai Islamic Bank has posted a first quarter 2008 profit of Dhs556m, 31% up on the same period last year. Total assets for Q1 were Dhs85.1bn, a 24% rise. The bank said it financed Dhs12bn worth of new real estate contracts during the period and it opened four new branches, taking the number to 48.
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StaffTuesday, April 29 - 2008 at 15:55 UAE local time (GMT+4)
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