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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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Gold prices in Saudi Today Sunday 21 May 2023
May 21st, 2023 - 05:54 GMT

Gold prices in Saudi Today Sunday 21 May 2023

Gold prices in Dubai Today Sunday 21 May 2023
May 21st, 2023 - 05:34 GMT

Gold prices in Dubai Today Sunday 21 May 2023

NBB Hosts First Quarterly Investors Meeting of 2023
May 21st, 2023 - 04:13 GMT

NBB Hosts First Quarterly Investors Meeting of 2023

QF's ability friendly recognition awards ceremony at QF honours participants and coaches
May 21st, 2023 - 04:05 GMT

QF's ability friendly recognition awards ceremony at QF honours participants and coaches

Mistakes to avoid when starting your own business
May 19th, 2023 - 03:12 GMT

Mistakes to avoid when starting your own business

Mubadala Investment Company Reports 2022 Financial Results
May 19th, 2023 - 07:55 GMT

Mubadala Investment Company Reports 2022 Financial Results

NBB Awarded ‘Best ESG Integration’ in Bahrain in the Arab Federation of Capital Markets Awards Ceremony 2023 in Collaboration with The Global Economics
May 19th, 2023 - 06:59 GMT

NBB Awarded ‘Best ESG Integration’ in Bahrain in the Arab Federation of Capital Markets Awards Ceremony 2023 in Collaboration with The Global Economics

Diyar al muharraq supports the bahrain smart cities summit 2023 as a platinum sponsor
May 19th, 2023 - 06:38 GMT

Diyar al muharraq supports the bahrain smart cities summit 2023 as a platinum sponsor

NBO’s islamic banking window, muzn signs term wakala agreement with oman air
May 19th, 2023 - 06:29 GMT

NBO’s islamic banking window, muzn signs term wakala agreement with oman air

Bank of Sharjah Ignites Momentum for Substantial Growth with Appointment of Mohamed Khadiri as CEO
May 19th, 2023 - 06:24 GMT

Bank of Sharjah Ignites Momentum for Substantial Growth with Appointment of Mohamed Khadiri as CEO

Abu Dhabi Department of Economic Development (ADDED) Signs MoU with ADIB to Facilitate Digital Business Banking Account Opening
May 19th, 2023 - 06:20 GMT

Abu Dhabi Department of Economic Development (ADDED) Signs MoU with ADIB to Facilitate Digital Business Banking Account Opening

 Address Sky View Launches Pink Ladies’ Day at Deck Too: The Ultimate Poolside Experience
May 19th, 2023 - 06:04 GMT

Address Sky View Launches Pink Ladies’ Day at Deck Too: The Ultimate Poolside Experience

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