DIB's Group CEO: UAE Corporate Tax Won't Slow Economy

The video discusses Dubai Islamic Bank's performance in 2021, highlighting its liquidity and growth. It outlines the bank's international expansion strategy, focusing on markets like Pakistan, Indonesia, and Kenya, and potential new markets such as Egypt, Saudi Arabia, and Turkey. The impact of a new corporate tax in the UAE is analyzed, with a focus on its implications for the bank and the economy. Despite potential challenges, the bank remains optimistic about growth opportunities in sectors like hospitality, real estate, and aviation.

What strategies is Dubai Islamic Bank implementing to mitigate potential headwinds?

How does the bank view the competitive landscape with the introduction of a corporate tax?

What sectors are expected to see growth in the UAE economy post-pandemic?