Dubai, Nov. 8, 05 (WAM)-- Dubai Islamic Bank (DIB) hasannounced the launch of a new Corporate Identity that reflectsthe bank's progressive vision to provide a better way of banking.

The launch of the new identity coincides with DIB's 30th anniversaryand comes in line with the bank's continuous efforts to reachnew heights in its quest for excellence and leadership at thelocal, regional and International levels.

The new identity retains the Alislami "circular shape" and reflectsthe design of the first ever Islamic coins known to history,thus reiterating DIB's position as the first Islamic bank inthe world. The newly-added brighter green and yellow backgroundaims to represent DIB's spirit of modernity, evolution and customerfriendly services. The Arabic typeface has been changed to AlThuluth, a very distinct and original Arabic font, which is easyto interpret and read.

Commenting on the launch of the new identity, Dr. Mohamed Khalfanbin Khirbash, UAE Minister of State for Finance and Industryand Chairman of Dubai Islamic Bank, said: "We hope that the newlogo will help the Bank to deliver more value to our ever increasingbase of customers with enhanced products and services providedwith the same welcoming smile that has characterized the Bank'snature for all these years.""The new identity shall reflect the significant development andgrowth that the Bank has achieved in the last few years as DIBhas lead managed and arranged some of the largest Islamic financedeals in the region and world. These significant deals contributedto enhance the position of the UAE as a financial hub. DIB willcontinue to implement its ambitious expansion plans to enhanceits presence in the regional and international markets as wellas entering new regional markets," he said.

Dr. Khirbash added: "DIB is looking to the future with a newmodern face. In the business world, success is measured by thegrowth of profits, assets, and the ability of institutions toprogress. In DIB, we also believe an essential element in measuringa corporation's success is its ability to create the right workenvironment to encourage creativity.""DIB's achievements confirm that we have created such an environmentand, as a result, our employees have been able to develop theirpotential, advance in their careers and boost the bank's performance,"he said.

The signage of its offices and branches across the UAE will bechanged to accommodate the new logo.