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 9,480.14 1.61 1,375,551,899
Dubai 5,426.28 1.66 1,526,211,185
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 3,658.46 0.15 5,032,475
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Mar-13 103.14 2.67
Natural Gas Mar-13 3.13 3.15
Gold Mar-13 5,019.98 1.16
Silver Mar-13 80.61 3.88
Platinum Mar-13 2,042.10 5.7
Nymex Light Mar-13 98.71 3.11

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 46,689.24 46,558.47 0.26
Nasdaq 22,425.71 22,105.36 0.93
S&P 500 6,673.49 6,632.19 0.61
Name Opening price Closing Price Change%
Frankfurt 23,381.91 23,447.29 0.6
Paris 7,907.82 7,911.53 0.91
London 10,305.48 10,261.15 0.43
Stockholm 1,052.50 1,047.14 1.28
Switzerland 12,778.54 12,839.27 0.02
Name Opening price Closing Price Change%
Shanghai 4,117.57 4,095.45 0.81
Hong Kong 25,583.55 25,465.60 0.98
Jakarta 7,338.82 7,137.21 3.05
Tokyo 53,587.30 53,819.61 1.16

Currency

Name Rate Last update
EURO/USD 1.143 Mar-13
GBP/USD 1.323 Mar-13
USD/JPY 159.659 Mar-13
USD/CHF 0.791 Mar-13