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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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The bank has also waived the reload fees for its contactless ‘Tap and Go’ Badeel prepaid card
April 12th, 2020 - 12:04 GMT

National Bank of Oman Implements Measures Granting Customers a Seamless Experience

UAE: Remittances to Pakistan Soar in March
April 12th, 2020 - 08:00 GMT

UAE: Remittances to Pakistan Soar in March

Mastercard Provides Free Online STEM Lessons to Children, Teachers and Parents
April 8th, 2020 - 12:47 GMT

Learning @ Home With Girls4Tech Connect

India: Reserve Bank Issues Final Directions to Access Domestic Forex Derivative Markets
April 8th, 2020 - 07:00 GMT

India: Reserve Bank Issues Final Directions to Access Domestic Forex Derivative Markets

S&P: GCC Banks Supported By Strong Capitalisation in 2020
April 7th, 2020 - 12:30 GMT

S&P: GCC Banks Supported By Strong Capitalisation in 2020

Turkey: Borsa Istanbul Rises 1.2 Percent on Tuesday's Opening
April 7th, 2020 - 09:00 GMT

Turkey: Borsa Istanbul Rises 1.2 Percent on Tuesday's Opening

ADCB Group Completes Complex Three-Bank Integration to Create Fully Unified, Powerful Banking Group
April 6th, 2020 - 12:18 GMT

ADCB Group Completes Complex Three-Bank Integration to Create Fully Unified, Powerful Banking Group

Lebanon: Banks to Apply New Exchange Rate, 2,600 Pounds Per Dollar
April 6th, 2020 - 12:00 GMT

Lebanon: Banks to Apply New Exchange Rate, 2,600 Pounds Per Dollar

Strong digital penetration showcases Al Ansari Exchange’s commitment to provide customers with seamless, fast, and safe channels to support families anywhere and anytime
April 6th, 2020 - 08:26 GMT

Al Ansari Exchange Records Over 40% Increase in Mobile Transactions in One Month

Mastercard has been spearheading the transition to contactless for over 15 years.
April 6th, 2020 - 08:21 GMT

Mastercard Champions Safe and Secure Payment Transactions in Middle East & Africa With Increase to Contactless Payment Limits

UAE Doubles Stimulus Package to $69.7 Billion to Mitigate COVID-19 Impact
April 5th, 2020 - 02:00 GMT

UAE Doubles Stimulus Package to $69.7 Billion to Mitigate COVID-19 Impact

FAB Facilitates UAE’s First Virtual General Assembly Meetings to Meet COVID-19 Measures
April 5th, 2020 - 10:15 GMT

FAB Facilitates UAE’s First Virtual General Assembly Meetings to Meet COVID-19 Measures

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