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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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Husam Mahmoud, Marketing Manager, Al Ansari Exchange receiving the recognition at the TFT awards ceremony.
August 14th, 2017 - 11:59 GMT

Al Ansari Exchange Named the ‘Preferred Remittance Centre of the Year’ for a Third Consecutive Time at the Filipino Times Awards

The programme supports the academic growth of the participating students, each of whom is the first in their family to attend university.
August 14th, 2017 - 10:00 GMT

DIFC, Harvard University Offer Educational Courses to 50 Underprivileged Students

Xpress Money
August 14th, 2017 - 09:11 GMT

As Gulf Remittances Slow, Xpress Money Looks for Greener Pastures

According to Central Bank data, short-term deposits secured progressive growth since the beginning of 2016. (File photo)
August 14th, 2017 - 09:01 GMT

Deposits in UAE Banks Surge to $120 Billion in H1 2017

The YallaCompare Banking Awards singles out the most desired financial products among UAE residents.
August 14th, 2017 - 07:44 GMT

NBF’s Platinum Credit Card Named ‘Credit Card of the Year’ at YallaCompare Banking Awards

David Rutter
August 14th, 2017 - 05:11 GMT

Bank ABC Becomes the First MENA Financial Institution to Join Global Financial Infrastructure Consortium R3

Chairman of GFH, Sh. Ahmed bin Khalifa Al-Khalifa and Mr. Hisham Alrayes, CEO of GFH
August 14th, 2017 - 05:09 GMT

GFH Records Net Profit Attributable to Shareholders of US$62 Million For the First Half of 2017

Harvard Crossroads Programme in DIFC
August 13th, 2017 - 11:48 GMT

Dubai International Financial Centre and Harvard to Offer Educational Opportunities to Underprivileged Students in the Measa Region

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

The collaboration between two leading Saudi institutions is designed to provide enhanced, value-added services to customers, by combining the strengths and product offerings from each partner.
August 13th, 2017 - 11:08 GMT

Alawwal Bank Collaborates With STC to Launch ‘Alawwal Qitaf’ Credit Card

Ali Bin Harmel Al Daheri, Watania Chairman of the Board of Directors
August 13th, 2017 - 09:15 GMT

National Takaful Company (Watania) Reports Dh2.7 Million Profit in Second Quarter

The memorandum of understanding was signed by Promoth Manghat, chief executive officer of UAE Exchange Group, and Richard Teng, chief executive officer of the Financial Services Regulatory Authority (FSRA) of ADGM.
August 13th, 2017 - 08:53 GMT

ADGM, UAE Exchange Partner to Develop Fintech

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