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BUSINESS

BUSINESS latest

CBI grows pre-tax profit by 14% to AED 52.1 million  in Q1 2026
May 1st, 2026 - 03:34 GMT

CBI grows pre-tax profit by 14% to AED 52.1 million in Q1 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 quarter of 2026. Key Financial Highlights: • For Q1 2026, CBI reported pre-tax net profit of AED 52.1 million marking a 14% year-on-year (YoY) increase in profitability. Growth was driven by prudent balance sheet management, asset expansion, and resolution of legacy issues • Post-tax net profit of AED 47.1 million, delivering enhanced shareholder value • Net Interest Income increased by 7% YoY to AED 104 ...
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Ericsson to deploy cloud-native, dual-mode 5G Core, enabling the launch of SoftBank’s standalone 5G services
July 29th, 2020 - 05:38 GMT

Ericsson Selected by SoftBank Corp. to Deliver Cloud Native Dual-mode 5G Core

Huawei Celebrates Eid With Special Offers on Some of Its Most Popular Smartphones
July 29th, 2020 - 05:13 GMT

Huawei Celebrates Eid With Special Offers on Some of Its Most Popular Smartphones

At QF, the Hoyas for Others Program Brings Staff and Students Together for Community Building and Support
July 29th, 2020 - 04:35 GMT

At QF, the Hoyas for Others Program Brings Staff and Students Together for Community Building and Support

Ooredoo Group Announced Revenue of Qar14 Billion and Net Profit of Qar 818 Million in H1 2020
July 29th, 2020 - 04:21 GMT

Ooredoo Group Announced Revenue of Qar14 Billion and Net Profit of Qar 818 Million in H1 2020

QF RDI grant helps local entrepreneurs and startups develop creative ideas
July 29th, 2020 - 04:06 GMT

QF Awards Innovation Grants to Eight Startups to Tackle COVID-19 Challenges

Ericsson selected by SoftBank Corp. to deliver cloud native dual-mode 5G Core
July 28th, 2020 - 01:02 GMT

Ericsson selected by SoftBank Corp. to deliver cloud native dual-mode 5G Core

Reasons Behind the Failure of Sudan's Emergency Economic Committee
July 28th, 2020 - 01:00 GMT

Reasons Behind the Failure of Sudan's Emergency Economic Committee

FAB reports First Half 2020 Group Net Profit of AED 4.8 Billion
July 28th, 2020 - 12:56 GMT

FAB reports First Half 2020 Group Net Profit of AED 4.8 Billion

7,089 Devices in Jordan Affected by Unwanted Push Notifications in a Month
July 28th, 2020 - 12:46 GMT

7,089 Devices in Jordan Affected by Unwanted Push Notifications in a Month

ETIHAD AIRWAYS CELEBRATES THE SUCCESS OF UFC FIGHT ISLAND™ IN ABU DHABI
July 28th, 2020 - 12:43 GMT

ETIHAD AIRWAYS CELEBRATES THE SUCCESS OF UFC FIGHT ISLAND™ IN ABU DHABI

Apple's iOS14 'Snitches' on Instagram for Using Users' Camera Without Permission
July 28th, 2020 - 12:30 GMT

Apple's iOS14 'Snitches' on Instagram for Using Users' Camera Without Permission

Countries Impose New Travel Curbs As COVID-19 Cases Rise Again
July 28th, 2020 - 12:00 GMT

Countries Impose New Travel Curbs As COVID-19 Cases Rise Again

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