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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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The successful auction follows Qatar's nine billion dollar sale of Eurobonds in May 2016, which marked the largest-ever bond issue in the Middle East.  (File photo)
August 17th, 2016 - 04:00 GMT

Qatar auctions $825M in first domestic government bond this year

Digitization will also fuel lateral job movements and a repositioning of current jobs in the financial sector.  (Shutterstock)
August 15th, 2016 - 08:00 GMT

Smart finance will fuel job creation in MENA: Booz Allen Hamilton

Mr. Hisham Alrayes, CEO of GFH
August 15th, 2016 - 05:24 GMT

GFH records net profit of $11.5 million attributed to its shareholders for the first half of 2016

The divestment is part of Dubai Financial Group's restructuring plan. (Aswat Masriya)
August 15th, 2016 - 05:00 GMT

Dubai Financial Group sells share in Egyptian investment bank EFG Hermes

The IMF says it has reached an initial agreement with Egypt for a $12 billion loan over three years. (AFP/File)
August 11th, 2016 - 12:28 GMT

Egypt obtains initial $12bn deal with IMF to cover next three years

Transferring money in Lebanese banks can take weeks of frustration. (Shutterstock)
August 11th, 2016 - 06:00 GMT

Show me the money: Lebanon addresses bank transfer delay problems

Oman Arab Bank
August 10th, 2016 - 08:05 GMT

Oman Arab Bank customers achieve financial freedom with Hassad

Visa
August 9th, 2016 - 09:36 GMT

Visa returns with #NotATourist Summer Getaway 2016 to reward holiday spends of UAE cardholders

Egyptia state-owned banks are likely to borrow from abroad in case its own resources of foreign exchange cease to cover the needs of its clients. (File Photo)
August 8th, 2016 - 05:00 GMT

Egypt's government banks rely on own resources for US dollars

MasterCard
August 8th, 2016 - 09:21 GMT

Mastercard and PAYFORT bring safe, convenient and seamless e-commerce and mobile payment solutions to the Middle East

28th Memorial Journey for Pearl Diving
August 8th, 2016 - 03:40 GMT

Gulf Bank hails success of 28th Memorial Journey for Pearl Diving

Noor Bank
August 7th, 2016 - 06:01 GMT

Noor Trade launches business credit card for SMEs

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