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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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Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

Barclays is divesting its Africa unit as part of a plan to simplify its structure and seek higher shareholder returns. (AFP/Carl Court)
July 20th, 2016 - 10:00 GMT

Emirates NBD, MENA banks eye Barclays Egypt sale

The Central Bank of Jordan said that banks can invest up to 10 percent of their capital. (File photo)
July 20th, 2016 - 05:30 GMT

Jordan's banks buy into national investment fund

OAB Signing Agreement
July 18th, 2016 - 09:33 GMT

Oman Arab Bank introduces innovative insurance products for complete customer peace of mind

United Arab Bank
July 18th, 2016 - 05:54 GMT

Financial results – Q2 2016 UAB’s transformation strategy remains on track

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016
July 17th, 2016 - 11:16 GMT

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016

Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

According to Euromonitor, the biggest challenge facing Egypt is insecurity. (File photo)
July 17th, 2016 - 08:00 GMT

Egypt's proposed pound devaluation unlikely to boost tourism: Analysts

Arabtec reported Dh46.4 million in net losses for the first quarter of 2016, and earlier reported Dh2.3 billion in net loss for the full-year 2015. (File photo)
July 17th, 2016 - 06:00 GMT

Aabar throws Arabtec another lifeline with $109M debt facility

Ministry of Finance
July 14th, 2016 - 08:58 GMT

MoF begins implementation of circular no.3 ‘uploading Emirates ID details within employees’ records in the Federal Financial System’

During the event
July 13th, 2016 - 11:17 GMT

Noor Bank rings bell to celebrate listing of a USD 500 million Tier 1 Sukuk on Nasdaq Dubai

John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq
July 13th, 2016 - 09:25 GMT

Mashreq & Arab Bank arrange BHD 107 Million facilities for the Bahrain International Airport Modernization Project

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