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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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Indian Rupee Plummets As COVID Cases Surge
May 3rd, 2021 - 05:00 GMT

Indian Rupee Plummets As COVID Cases Surge

UAE: Israeli Traders Can Now Trade on DGCX
May 3rd, 2021 - 11:00 GMT

UAE: Israeli Traders Can Now Trade on DGCX

Al Salam Bank Launches New  Corporate Deposit Card
May 3rd, 2021 - 09:07 GMT

Al Salam Bank Launches New Corporate Deposit Card

ADIB Reports Strong Results In Q1 2021 With A Net Profit Of Dh608 Million Surging 125% Year-on-year And 26% Compared To Q4 2020.
May 2nd, 2021 - 10:57 GMT

ADIB Reports Strong Results In Q1 2021 With A Net Profit Of Dh608 Million Surging 125% Year-on-year And 26% Compared To Q4 2020.

Burgan Bank Reports 36% Growth In Q1 2021 Operating Profit Of KD 27mn
May 2nd, 2021 - 09:05 GMT

Burgan Bank Reports 36% Growth In Q1 2021 Operating Profit Of KD 27mn

NBO Continues To Extend Its Support Towards The Fight Against Covid-19
May 2nd, 2021 - 07:29 GMT

NBO Continues To Extend Its Support Towards The Fight Against Covid-19

Saudi Banks Report 14 Percent Rise in Aggregate Net Profit in March
May 1st, 2021 - 07:30 GMT

Saudi Banks Report 14 Percent Rise in Aggregate Net Profit in March

Oman: Banks Face Soaring Bad Loans Amid Struggling Economy
April 29th, 2021 - 11:00 GMT

Oman: Banks Face Soaring Bad Loans Amid Struggling Economy

Bank Al Etihad And Fmo Sign Nasira Portfolio Guarantee Program For Covid-19 Support For Smes And Female Entrepreneurs
April 29th, 2021 - 08:23 GMT

Bank Al Etihad And FMO Sign Nasira Portfolio Guarantee Program For Covid-19 Support For Smes And Female Entrepreneurs

Burgan Bank offers Free Eideya Delivery Service to Premier Banking Customers
April 28th, 2021 - 10:56 GMT

Burgan Bank offers Free Eideya Delivery Service to Premier Banking Customers

NBO’s Shahr Il Atta Food Hampers Sell Out In Just 48 Hours
April 28th, 2021 - 08:45 GMT

NBO’s Shahr Il Atta Food Hampers Sell Out In Just 48 Hours

Dubai Islamic Bank 1st Quarter 2021 Group Financial Results KNarsinghani@webershandwick.com
April 28th, 2021 - 06:25 GMT

Dubai Islamic Bank 1st Quarter 2021 Group Financial Results

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