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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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Avaya and Mashreq Bank will work closely together to integrate the latest technology trends, including robotics, analytics, cloud and e-channels, into existing Mashreq Bank’s digital services.
October 11th, 2017 - 10:00 GMT

Mashreq Bank Transforms Banking Experience With Avaya

Qatar Insurance Company
October 11th, 2017 - 09:22 GMT

Qatar Insurance Company Emerges as ‘Top Investment House’ in MENA Region

Seniors from Dubai Islamic Bank and Dubai Economy representative during the Launching
October 11th, 2017 - 06:13 GMT

Spreading Joy – 11 Reasons to Smile With DIB’s Double Your Salary Promotion

Burgan Bank announced today YOUSEF AHMAD SALEM AL ABDULJADER as the lucky winner of the Al Thuraya Salary Account monthly draw.
October 10th, 2017 - 09:08 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

Dubai International Financial Centre
October 10th, 2017 - 08:41 GMT

Dubai International Financial Centre Issues New Trust Law and Foundation Law for Public Consultation

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange, and Nicholas David Godfrey, Country Examinations Manager, British Council, during the signing of the agreement.
October 10th, 2017 - 07:19 GMT

Al Ansari Exchange and British Council Join Forces to Offer Convenient Payment Option for IELTS Takers in UAE

The new mortgage is a home loan program aimed at rewarding environmentally-conscious homeowners.
October 10th, 2017 - 05:11 GMT

Doha Bank Launches Qatar’s First ‘Green Mortgage’ Scheme

The total assets of the 48 banks operating in the country reached Dh2.66 trillion ($723 billion) for 2016. (File photo)
October 9th, 2017 - 11:55 GMT

UAE Banks Lead GCC With $723 Billion in Assets

The eCloud technology contributes in cutting AED 1.6 million worth of costs annually.
October 9th, 2017 - 11:24 GMT

UAE MoF Launches eCloud Service for Federal Entities’ Financial and HR Systems

Bank Nizwa - Islamic Finance Knowledge Program
October 9th, 2017 - 09:35 GMT

Bank Nizwa Joins Takaful Oman and Al Kawthar Fund to Launch Islamic Finance Knowledge Program

Mr. Fouad Salame, Group Head of Financial Institutions at Bank ABC Head Office in Bahrain.
October 9th, 2017 - 08:41 GMT

Bank ABC Appoints Fouad Salame as Head of Financial Institutions

This year marks Deloitte’s 91st year in the Middle East with continued presence since 1926.
October 9th, 2017 - 07:16 GMT

Deloitte Marks Eighth Consecutive Year of Solid Growth

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