|By Matein Khalid| The fall in oil prices since 2014 has triggered a liquidity crunch and higher funding costs in the UAE banking system. EIBOR is almost double the London interbank rate LIBOR. Non-performing loan (NPL) have begun to rise as property prices have fallen 20% from their peak and corporate/SME borrowers are hit by a sharp downturn in the business cycle. DIB shares reflect these macro realities, down from their 52 week high of 7 AED to only 5.25 as I write. Yet as a financial market strategist, I learn to discount the future, not extrapolate the past, to avoid being Oscar Wilde’s man who knows the price of everything and the value of nothing. I believe DIB offers compelling value, ideally at 5 AED. Why?