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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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During the event
June 9th, 2016 - 09:30 GMT

Noor Bank’s Information Technology Department awarded with ISO Certifications

The proposed merger would create a bank with combined assets of almost $16 billion, according to Bloomberg. (File photo)
June 9th, 2016 - 04:19 GMT

Proposed merger of Bank Sohar, Bank Dhofar will create Oman's second largest bank

Ali Al Najjar, Assistant General Manager and Head of Operations Department at Al Ansari Exchange, receiving the Superbrand trophy at the gala night of the prestigious Superbrands Tribute Event
June 8th, 2016 - 07:14 GMT

Al Ansari Exchange wins 11th ‘UAE Superbrand’ trophy in a row

The paper banknotes of EGP1, EGP 0.5, and EGP 0.25 were removed from the market several years ago and were replaced with coins. (Shutterstock)
June 7th, 2016 - 10:00 GMT

Small change: Egypt Central Bank reprints $56M worth of EGP1 notes

Bank Nizwa - Ramadan Campaign
June 7th, 2016 - 09:35 GMT

Bank Nizwa distributes foods packs to needy families across the Sultanate

SnappBiz
June 7th, 2016 - 09:25 GMT

Mashreq’s SnappBiz App is set to mobilize Business

During the event
June 7th, 2016 - 08:41 GMT

Alba successfully implements AUB’s integrated payment

Barclays currently has 56 large branches in Egypt and is considering opening small branches. (Transdoc)
June 6th, 2016 - 12:00 GMT

Barclays pushes through with Egypt expansion despite bank sale

The new comprehensive and amended act will contribute to combatting money laundering and terrorist financing in addressing legislative shortcomings,. (Shutterstock)
June 6th, 2016 - 09:00 GMT

Oman gets tough on terror funding and money laundering

During the event
June 5th, 2016 - 11:17 GMT

Bank Nizwa empowers entrepreneurs with Commercial Finance for individuals

Bankers estimate that the value of the acquisition of HSBC Lebanon will range between $90 million to $100 million. (Facebook)
June 5th, 2016 - 11:00 GMT

HSBC Lebanon acquisition delayed by staff negotiations

Gulf Bank
June 5th, 2016 - 05:03 GMT

Gulf Bank announces the winners of the Al Danah daily draws for the week of 22 May – 26 May 2016

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