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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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Bahrain Repays of $1.25 Billion Bond that Reached Maturity
April 2nd, 2020 - 10:00 GMT

Bahrain Repays of $1.25 Billion Bond that Reached Maturity

India’s Stock Market Keeps Plummeting Amid Total Lockdown
April 1st, 2020 - 12:30 GMT

India’s Stock Market Keeps Plummeting Amid Total Lockdown

Partnership follows Noon’s recent move to replace Cash On Delivery with pre-payment online in response to guidance during the COVID-19 outbreak
April 1st, 2020 - 11:00 GMT

Noon and Visa Promote 100% Contactless Payments to Support Safety of Consumers and Delivery Agents

BisB Embraces Work-from-Home to Safeguard Employees
April 1st, 2020 - 10:31 GMT

BisB Embraces Work-from-Home to Safeguard Employees

U.S. Federal Reserve Launches Repurchase Deal for International Monetary Authorities
April 1st, 2020 - 08:35 GMT

U.S. Federal Reserve Launches Repurchase Deal for International Monetary Authorities

H.E. Obaid Humaid Al Tayer Participates in Second Virtual Meeting for G20 Ministers of Finance and Central Bank Governors
April 1st, 2020 - 08:16 GMT

H.E. Obaid Humaid Al Tayer Participates in Second Virtual Meeting for G20 Ministers of Finance and Central Bank Governors

Bank Nizwa Pledges Omr600,000 to Combat the Impact of COVID-19
April 1st, 2020 - 07:45 GMT

Bank Nizwa Pledges Omr600,000 to Combat the Impact of COVID-19

World Bank: Pandemic Continues to Weaken Global Growth
March 31st, 2020 - 12:00 GMT

World Bank: Pandemic Continues to Weaken Global Growth

ADCB Group, Including Al Hilal Bank, Makes Employment Commitment  in Response to COVID-19
March 30th, 2020 - 12:33 GMT

ADCB Group, Including Al Hilal Bank, Makes Employment Commitment in Response to COVID-19

Egypt: Central Bank Sets Limits to Deposits, Withdrawals
March 30th, 2020 - 12:30 GMT

Egypt: Central Bank Sets Limits to Deposits, Withdrawals

CrediMax Appoints Ahmed A. Seyadi as New Chief Executive to Succeed MR. Yousif Ali Mirza
March 30th, 2020 - 11:49 GMT

CrediMax Appoints Ahmed A. Seyadi as New Chief Executive to Succeed MR. Yousif Ali Mirza

Moody's: Sukuk Issuance to Remain Stable at $180 Billion in 2020
March 30th, 2020 - 10:00 GMT

Moody's: Sukuk Issuance to Remain Stable at $180 Billion in 2020

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