Commercial Bank International posts 58% jump in profit as legacy issues are resolved

Abu Dhabi-based lender credits balance sheet expansion and a net impairment recovery for improved performance, while its capital adequacy ratio strengthens to 16.8%
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Abu Dhabi-based lender credits balance sheet expansion and a net impairment recovery for improved performance, while its capital adequacy ratio strengthens to 16.8%
Business
Magrabi Retail to acquire Dubai Optical, expanding UAE presence
Business
Selected from nearly 1,000 nominees, the list honours young UAE changemakers across 15 categories, including AI, food, health, real estate and tourism
Business
Dubai conglomerate’s board approves sale of hotels, properties and land in Lebanon, months after it shut operations and cited Dh6.24 billion in losses