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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 global market in drone solutions for the power and utilities industries is worth as much as $9.46 billion, according to a report by PwC.
October 15th, 2017 - 07:40 GMT

Drone Solutions Market for Power, Utilities Industries Worth $9.46 Billion, Says PwC

Ladder Deposit
October 15th, 2017 - 05:55 GMT

Burgan Bank Revamps the 'Ladder Deposit' Account

Gulf Bank 642 Marathon
October 15th, 2017 - 05:01 GMT

Get Ready for the ‘Gulf Bank 642 Marathon’ with Our Weekly Training Runs

The bank said it is committed to supporting only those companies with a greener agenda. (Eric Piermont/ AFP)
October 12th, 2017 - 12:38 GMT

Paris-Based BNP Paribas Says It Will No Longer Back Oil

The second edition of BeInspire series
October 12th, 2017 - 10:21 GMT

Gulf Bank Sponsors BeInspire 2017/2018 Fitness Series

For the first nine months of 2017, QNB's net profit increased to QR10.3 billion ($2.8 billion), up by 6 percent year-on-year.
October 12th, 2017 - 09:32 GMT

QNB Group, the Largest Bank in the Middle East and Africa, Delivers Another Record Results for Q3 2017

KubeBond is a professional auto care center for painting or tinting your car.
October 12th, 2017 - 08:11 GMT

Burgan Bank Offers 20 Percent Discount from KubeBond

Awqaf and Minors Affairs Foundation Stand at GITEX Technology Week 2017.
October 12th, 2017 - 08:04 GMT

Awqaf and Minors Affairs Foundation Showcases Smart Services at GITEX Technology Week 2017

Khaled Sifri, CEO of Emirates Investment Bank, said at a conference today that the UAE has the right formula to expand its role from a regional hub for international financial firms to a global hub for wealth management.
October 12th, 2017 - 04:53 GMT

Khaled Sifri: 'The UAE Has the Right Formula to Become a Global Hub for Wealth Management'

The document was signed by H.E. Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budget Sector at the MoF; and H.E. Khalid Ali Al Bustani, Director General of the FTA.
October 11th, 2017 - 11:30 GMT

UAE Ministry of Finance Conducts Signing Ceremony With Federal Tax Authority to Join e-Dirham System

The Value account provides attractive features and benefits that have been designed for expatriates living in Kuwait.
October 11th, 2017 - 10:37 GMT

Burgan Bank Soon to Announce the Lucky Winner of Its Value Account Draw for Expatriates

Khalid Al Kayed, CEO of Bank Nizwa receiving the award in Amman.
October 11th, 2017 - 10:15 GMT

Bank Nizwa Receives 'Pioneer Islamic Bank in Oman' Award for 2017

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