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BUSINESS

BUSINESS latest

CBI grows pre-tax profit by 68% to AED 156 million in H1 2026
July 31st, 2026 - 04:14 GMT

CBI grows pre-tax profit by 68% to AED 156 million in H1 2026

Commercial Bank International PJSC ("CBI" or "the Bank") (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today released its financial results for the first half of 2026. Key Financial Highlights: • For H1 2026, CBI reported pre-tax net profit of AED 156 million marking a 68% year-on-year (YoY) increase in profitability. Growth was driven by balance sheet expansion and resolution of legacy issues. • The Bank reported pre-tax net profit of AED 104 million for Q2’26 aided by recoveries following resolution of legacy issues. • Net Interest Income increased ...
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Budget Saudi Arabia Announces Strong Financial Results for Q1 2023
May 21st, 2023 - 08:34 GMT

Saudi Budget announces strong financial results for Q1

The most important question to ask in a job interview
May 21st, 2023 - 08:29 GMT

Important question to ask in a job interview

 All Emirates passengers can now avail of free Wi-Fi connectivity onboard
May 21st, 2023 - 08:14 GMT

All Emirates passengers can now avail of free Wi-Fi connectivity onboard

ICT sector contributes to social, economic development, says Orange CEO
May 21st, 2023 - 08:12 GMT

ICT sector contributes to social, economic development, says Orange CEO

Mahzooz’s 129th draw crowns its 44th millionaire
May 21st, 2023 - 08:07 GMT

Mahzooz’s 129th draw crowns its 44th millionaire

For One Week Only: Up to 40% Off on Pre-Owned Cars from AutoCentral
May 21st, 2023 - 07:56 GMT

For One Week Only: Up to 40% Off on Pre-Owned Cars from AutoCentral

Burgan bank sponsors american united school’s annual art's night
May 21st, 2023 - 07:21 GMT

Burgan bank sponsors american united school’s annual art's night

Hyundai, Kia to pay $200m in class action lawsuit
May 21st, 2023 - 07:15 GMT

Hyundai, Kia to pay $200m in class action lawsuit

Daikin hosts the “Towards a Sustainable Future” Seminar in the UAE
May 21st, 2023 - 06:47 GMT

Daikin hosts the “Towards a Sustainable Future” Seminar in the UAE

Four Seasons Hotel Kuwait at Burj Alshaya Unveils Exquisite New Menu with Glittering Celebration, Elevating Italian Cuisine at Dai Forni
May 21st, 2023 - 06:30 GMT

Four Seasons Hotel Kuwait at Burj Alshaya Unveils Exquisite New Menu with Glittering Celebration, Elevating Italian Cuisine at Dai Forni

Gold prices in Amman Today Sunday 21 May 2023
May 21st, 2023 - 06:16 GMT

Gold prices in Amman Today Sunday 21 May 2023

Gold prices in Qatar Today Sunday 21 May 2023
May 21st, 2023 - 06:06 GMT

Gold prices in Qatar Today Sunday 21 May 2023

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