Matter of fact

Gulf News wrongly reported/published the following:

■ The information that Dubai Islamic Bank’s rights issue was priced 74 per

cent lower, instead of 42 per cent lower, than the closing share price, as of April 26, in the sentence: “Dubai Islamic Bank said yesterday its Dh1.64 billion rights issue will be priced at Dh3.11, about 74 per cent lower than the market price.” It was part of the page B8 report, “DIB’s Dh1.6b rights issue, priced at Dh3.11,” Business section, April 23.

We apologise for the error and any inconvenience it might have caused.

Gulf News is committed to being fair. If there is an error in the newspaper, we will correct it promptly and fully. If you come across any factual errors, mistakes or inaccuracies, please let us know atr eaders@gulfnews.com