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Banking and Finance

Banking and Finance latest

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth
January 27th, 2026 - 04:41 GMT

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth

Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank's history and demonstrating significant progress in its strategic transformation. Key Highlights: • Pre-tax net profit of AED 311 million, up 40% year-on-year, representing the Bank's strongest annual performance ever and reflecting robust operating performance and successful balance sheet optimization • Post-tax net profit of AED 295 million, delivering enhanced shareholder value • Net ...
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Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds
April 27th, 2020 - 07:00 GMT

Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds

GCC Stock Markets Surge As Sectors Partially Reopen
April 26th, 2020 - 11:30 GMT

GCC Stock Markets Surge As Sectors Partially Reopen

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19
April 26th, 2020 - 10:11 GMT

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19

Sabic Making Steps Towards A More Circular future
April 26th, 2020 - 08:30 GMT

Sabic Making Steps Towards A More Circular future

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors
April 26th, 2020 - 07:30 GMT

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts
April 23rd, 2020 - 10:46 GMT

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries
April 23rd, 2020 - 10:37 GMT

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System
April 23rd, 2020 - 08:32 GMT

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System

FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan
April 23rd, 2020 - 08:12 GMT

FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months
April 23rd, 2020 - 06:00 GMT

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities
April 22nd, 2020 - 08:10 GMT

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest
April 22nd, 2020 - 12:36 GMT

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest

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