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

 

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

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,903.73 0.33 1,051,504,860
Dubai 5,967.43 1.24 678,901,303
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 3,873.33 0.47 13,630,066
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Jul-13 83.12 9.4
Natural Gas Jul-13 2.90 1.46
Gold Jul-13 4,005.70 2.63
Silver Jul-13 57.97 3.64
Platinum Jul-13 1,613.60 0.95
Nymex Light Jul-13 78.14 9.42

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 52,676.53 52,498.64 0.26
Nasdaq 26,088.31 25,873.18 1.55
S&P 500 7,547.53 7,515.34 0.79
Name Opening price Closing Price Change%
Frankfurt 24,963.80 25,114.25 0.19
Paris 8,306.64 8,364.65 0.31
London 10,498.05 10,498.29 0.01
Stockholm 1,093.03 1,096.64 0.27
Switzerland 14,244.90 14,266.18 0.22
Name Opening price Closing Price Change%
Shanghai 3,966.02 3,913.79 2.06
Hong Kong 24,157.65 24,213.72 0.16
Jakarta 5,934.72 6,037.84 1.92
Tokyo 68,410.63 67,242.73 1.92

Currency

Name Rate Last update
EURO/USD 1.138 Jul-13
GBP/USD 1.335 Jul-13
USD/JPY 162.474 Jul-13
USD/CHF 0.815 Jul-13