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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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MoU with Emirates Foundation
October 4th, 2017 - 05:10 GMT

Abu Dhabi Fund for Development Extends Financial Contribution to Emirates Foundation for Youth Development

Moody’s has downgraded HSBC Middle East’s long-term deposit ratings from A2 to A3.
October 3rd, 2017 - 09:47 GMT

Moody’s Downgrades HSBC Middle East’s Deposit Ratings

The school operator has leased back the campus over the long term and will continue to operate and manage the school.
October 3rd, 2017 - 09:13 GMT

NBK Unit Closes $95 Million Dubai School Property Deal

FAB Wealth Sentiment Index up 3 5% in September
October 3rd, 2017 - 08:06 GMT

FAB Wealth Sentiment Index up 3.5 Percent in September

Mashreq Bank plans to halve the number of its branches over the next three years.
October 2nd, 2017 - 09:48 GMT

Mashreq Bank Unveils New Digital Bank in UAE

Deloitte
October 1st, 2017 - 11:54 GMT

Deloitte Appoints Andrew Pimlott as Partner and Promotes Two New Partners in Its Expanding Financial Advisory Business in the Middle East

Dubai Gold and Commodities Exchange
October 1st, 2017 - 10:57 GMT

DGCX Records Its Highest-Ever Daily Volume and Sees Growth in Euro Futures Trading Amidst Volatility Spikes

National Bank of Fujairah
October 1st, 2017 - 08:06 GMT

National Bank of Fujairah Increases UAE Presence With the Opening of a New Branch in Al Ras

Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs.
October 1st, 2017 - 05:18 GMT

UAE Ministry of Finance Releases Executive Regulation of Federal Law No. (7) on Tax Procedures

During the event
September 28th, 2017 - 09:45 GMT

Gulf Bank and Kuwait Heart Foundation Mark #World Heart Day

The diploma will be offered in the UAE and Saudi Arabia starting October this year. (File photo)
September 27th, 2017 - 11:13 GMT

Cashing in on VAT: PwC Announces First VAT Diploma in GCC

The Youth Account is designed for young customers, between the ages of 15 – 25
September 27th, 2017 - 08:52 GMT

Burgan Bank Announces the Names of the Three Lucky Winners in Its Youth Account Quarterly Draw

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