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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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Qatar's Mayhoola also owns the Valentino label. (AFP/File)
June 22nd, 2016 - 12:30 GMT

Qatar's Mayhoola buys Balmain fashion house

During the event
June 22nd, 2016 - 09:38 GMT

Oman Arab Bank volunteers distribute food hampers to low income families

Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
June 22nd, 2016 - 07:30 GMT

Bahrain's Investcorp acquires majority stake in Italian luxury menswear brand Corneliani

Gulf Bank
June 22nd, 2016 - 05:29 GMT

Gulf Bank wins ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ in Kuwait from International Banker

The AfDB is set to loan Egypt a total of $1.5 billion over the course of three years.   (F. Dubessy)
June 21st, 2016 - 08:00 GMT

Egypt appeals to African Development Bank to release $500M loan

PwC
June 21st, 2016 - 06:08 GMT

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

Subroto Som, Head of Retail and Anindo Bhattacharya, Head of Direct Business
June 20th, 2016 - 08:59 GMT

Mashreq sets the precedent for everyday banking in the region

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

Bank Nizwa
June 19th, 2016 - 10:22 GMT

Bank Nizwa provides multi channels for Zakat and Sadaqah payments during the holy month of Ramadan

Maachla distribution campaign
June 19th, 2016 - 05:40 GMT

Gulf Bank partners with Saveco and LOYAC to distribute foodstuff boxes to families in need

During the event
June 19th, 2016 - 04:20 GMT

Doha Bank hosts Suhoor for customers and partners

Last April, Saudi Arabia and the United States had added a number of organizations on their lists of terrorist groups. (File photo)
June 16th, 2016 - 12:30 GMT

Saudi Arabia tightens bank transfer procedures to Lebanon to prevent Hezbollah funding

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