Dubai Financial Market | Dubai Islamic Bank | Press release regarding financial results for the 1st QTR of 2021

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Dubai Islamic Bank 1st Quarter 2021 Group Financial Results


o Net profit rebounds strongly from last quarter to AED 853 million signifying a clearly improving economic trend.
o Improving profitability supported by a 27% reduction in operating expenses YoY.
o Integration synergies materializing as efficiency build up continues.
o Cost income ratio of 27.5%, the lowest in the financial sector, positioning the bank as the most efficient player in the market.

Press release regarding financial results for the 1st QTR of 2021

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Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,532.83 0.52 1,732,216,719
Dubai 6,144.36 0.93 1,324,615,798
Saudi 11,350.95 0.71 2,122,266,327
Kuwait 9,371.24 0.77 37,662,287
Qatar 11,356.75 0.31 242,969,194
Muscat 6,248.05 0.85 23,375,153
Bahrain 2,049.13 0.12 730,806
Egypt 47,683.17 0.37 527,619,966
Amman 4,068.07 0.48 6,942,005
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Nov-10 90.15 2.61
Natural Gas Nov-10 3.24 0.62
Gold Nov-10 4,093.51 1.12
Silver Nov-10 52.53 1.66
Platinum Nov-10 1,561.10 0.06
Nymex Light Nov-10 84.73 2.43

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 51,643.01 52,389.75 2.15
Nasdaq 24,777.44 25,253.14 2.74
S&P 500 7,422.24 7,549.94 2.35
Name Opening price Closing Price Change%
Frankfurt 26,548.59 26,511.00 0.93
Paris 8,306.10 8,306.11 0.88
London 10,781.94 10,816.38 0.31
Stockholm 1,156.45 1,160.91 1.03
Switzerland 15,046.05 15,020.51 0.5
Name Opening price Closing Price Change%
Shanghai 3,682.04 3,663.72 0.08
Hong Kong 24,621.13 24,557.04 0.44
Jakarta 5,096.81 5,125.73 1.02
Tokyo 59,372.28 60,459.58 2.87

Currency

Name Rate Last update
EURO/USD 1.124 Nov-10
GBP/USD 1.346 Nov-10
USD/JPY 157.948 Nov-10
USD/CHF 0.818 Nov-10