Dubai: Dubai Islamic Bank (DIB) announced the opening of two new branches in Dubai on Saturday, increasing its total UAE-wide branch network to 41.

The new branches are located on Oud Metha Road and Abu Hail. The Abu Hail branch 'Johara' is exclusively for women. "DIB is planning to launch 11 more branches this year, which will take our total network to 52 branches across the UAE by the end of 2007.

The new branches will offer a wide range of services, including current, savings and investment deposit accounts, and murabaha," said Mohammad Al Ameery, senior vice-president and deputy head of retail and business banking services, DIB