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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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How Qatar Foundation – Are Aiming to Help Make The World Hepatitis-Free
July 28th, 2020 - 06:19 GMT

How Qatar Foundation – Are Aiming to Help Make The World Hepatitis-Free

Analysts Predict Gold to Hit $2,500 in the Next Few Years
July 28th, 2020 - 06:00 GMT

Analysts Predict Gold to Hit $2,500 in the Next Few Years

Siemens supports Egypt in the fight against Covid-19
July 28th, 2020 - 05:47 GMT

Siemens supports Egypt in the fight against Covid-19

Chill out this Eid holiday at Ramada Hotel & Suites Dubai JBR
July 28th, 2020 - 05:39 GMT

Chill out this Eid holiday at Ramada Hotel & Suites Dubai JBR

Ooredoo Continues to Promote Working from Home, Reporting Record Employee Satisfaction
July 28th, 2020 - 05:26 GMT

Ooredoo Continues to Promote Working from Home, Reporting Record Employee Satisfaction

Calling all Musicians: Join the World’s Largest Virtual Rock Band Today!
July 28th, 2020 - 04:51 GMT

Calling all Musicians: Join the World’s Largest Virtual Rock Band Today!

Oilfield Chemicals Market to Reach $32 Billion by 2027
July 27th, 2020 - 02:00 GMT

Oilfield Chemicals Market to Reach $32 Billion by 2027

Lebanon: Families Turn to Bartering As Cash Runs Out
July 27th, 2020 - 01:30 GMT

Lebanon: Families Turn to Bartering As Cash Runs Out

UAE Courier Market Projected to Grow by 7.5 Percent Annually
July 27th, 2020 - 01:00 GMT

UAE Courier Market Projected to Grow by 7.5 Percent Annually

Dubai: Employer to Bear All Employee's Healthcare Costs if The Latter Doesn't have Any Insurance
July 27th, 2020 - 12:30 GMT

Dubai: Employer to Bear All Employee's Healthcare Costs if The Latter Doesn't have Any Insurance

Alibaba's Jack Ma Summoned to Court over Former Employee Complaint
July 27th, 2020 - 12:00 GMT

Alibaba's Jack Ma Summoned to Court over Former Employee Complaint

Emirates Cricket Board Confirms BCCI Letter of Intent to Host the IPL 2020
July 27th, 2020 - 11:46 GMT

Emirates Cricket Board Confirms BCCI Letter of Intent to Host the IPL 2020

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