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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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Muscat Finance has achieved a net profit of OMR1.21 million for the first quarter of 2016, against OMR1.26 million for the same period of last year. (File photo)
June 16th, 2016 - 10:30 GMT

Muscat Finance plans $13M bond issue

During the event
June 16th, 2016 - 07:28 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

Ramadan video
June 15th, 2016 - 05:16 GMT

Gulf Bank launches Ramadan video

People walk past the sign of the BLOM Bank in Beirut, a day after a bomb blast hit its headquarters in Verdun. (AFP/Patrick Baz)
June 14th, 2016 - 10:00 GMT

Beirut bombing tests the mettle of Lebanon's banking sector

FGB representatives receiving the award
June 14th, 2016 - 07:49 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

EFG Hermes sold 2,700,000 of its shares to CIH Bahrain International Holding, a Lebanon-registered company controlled by the heirs of late Saudi billionaire Khaled bin Mahfouz. (File photo)
June 13th, 2016 - 10:00 GMT

Egypt's EFG Hermes’ shareholders to receive $121.6M from sale of Credit Libanais

Vikram Pradhan, Head of Corporate & Institutional Banking, NBF, speaks at the National Bank of Fujairah’s Knowledge Series 2016
June 13th, 2016 - 05:04 GMT

National Bank of Fujairah highlights impact of changing legislation and market challenges facing UAE companies in inaugural Knowledge Series

During the event
June 13th, 2016 - 04:48 GMT

ADCB recognized by Euromoney Award for Excellence 2016

An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

Meydan has multiple projects in various stages of development, including the signature mixed-use Meydan One master-development and partnership in the Dubai Canal extension. (Meydan)
June 12th, 2016 - 10:00 GMT

Dubai's Meydan Group secures $270M in Islamic financing

HE Younis Haji Al Khoori, Undersecretary of MoF
June 12th, 2016 - 09:32 GMT

MoF signs cooperation agreement with UAE Central Bank

Salma Al-Hajjaj of Gulf Bank with the winning team “Cloudzzz”
June 12th, 2016 - 05:13 GMT

Gulf Bank congratulates INJAZ Kuwait and students in Company Program Competition 2016

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