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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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payit customers will now be able to make transfers to their bank accounts, mobile and digital wallets
March 23rd, 2020 - 10:47 GMT

FAB’s Payit Wallet Partners With Mastercard to Deliver Instant Cross-Border Payment Solutions

UAE: Sharjah Lists $200 Million Sukuk on Nasdaq Dubai
March 23rd, 2020 - 10:00 GMT

UAE: Sharjah Lists $200 Million Sukuk on Nasdaq Dubai

UAE: Dubai Banks Announce Relief Measures to Ease COVID-19 Impact
March 22nd, 2020 - 07:00 GMT

UAE: Dubai Banks Announce Relief Measures to Ease COVID-19 Impact

Turkey: Now You Can Get Your Money Coronavirus-Free withThis ATM!
March 22nd, 2020 - 11:30 GMT

Turkey: Now You Can Get Your Money Coronavirus-Free withThis ATM!

GCC Stock Markets Trade Mixed, UAE Bourses Plunge
March 22nd, 2020 - 11:00 GMT

GCC Stock Markets Trade Mixed, UAE Bourses Plunge

FAB Provides Laptops Worth Dh5 Million to UAE Students to Support Distance Learning in Collaboration With the Ministry of Education
March 22nd, 2020 - 07:01 GMT

FAB Provides Laptops Worth Dh5 Million to UAE Students to Support Distance Learning in Collaboration With the Ministry of Education

Lebanon: Banks Retract Full Closure Decision, Reopen Few Branches
March 19th, 2020 - 06:34 GMT

Lebanon: Banks Retract Full Closure Decision, Reopen Few Branches

Bank Nizwa Encourages Customers to Use Digital Banking Solutions
March 19th, 2020 - 06:14 GMT

Bank Nizwa Encourages Customers to Use Digital Banking Solutions

National Bank of Fujairah PJSC Approves Dividend of 13.5%
March 18th, 2020 - 11:44 GMT

National Bank of Fujairah PJSC Approves Dividend of 13.5%

Abu Dhabi Securities Exchange (ADX) Reduces the Daily Maximum Decline of Shares to 5%
March 18th, 2020 - 11:14 GMT

Abu Dhabi Securities Exchange (ADX) Reduces the Daily Maximum Decline of Shares to 5%

UAE: Central Bank to Handle UAE Exchange Operations
March 18th, 2020 - 09:22 GMT

UAE: Central Bank to Handle UAE Exchange Operations

GCC Central Banks Slash Interest Rates to Ease Economic Impact of COVID-19
March 18th, 2020 - 07:45 GMT

GCC Central Banks Slash Interest Rates to Ease Economic Impact of COVID-19

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