Thursday 14 November 2024
 
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Commercial Bank of Dubai

RAK Properties seals strategic finance deal with CBD

RAK Properties, a leading property developer in Ras Al Khaimah, has forged a strategic deal with Commercial Bank of Dubai (CBD) to arrange a AED2 billion ($544 million) financing facility to support the project development work within its Mina

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RAK Properties seals strategic finance deal with CBD

RAK Properties, a leading property developer in Ras Al Khaimah, has forged a strategic deal with Commercial Bank of Dubai (CBD) to arrange a AED2 billion ($544 million) financing facility to support the project development work within its Mina

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Commercial Bank of Dubai posts $395m net profit in H1

Announcing its financial results for the first six months of 2024 (H1 2024), Commercial Bank of Dubai (CBD) said it has delivered a net profit (after tax) of AED1.452 billion ($395 million), up 30.2% year-on-year (YoY) on a pre-tax basis compare

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Top banks forge partnership to facilitate international trade

Emirates Development Bank (EDB), the key financial engine of the UAE economic development and industrial advancement, and Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, have announced a strategic partnership aimed at enhanc

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Ifza partners with CBD for exclusive banking solutions

Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide Ifza Free Zone companies with quick and convenient access to banking services and financial solutions. Through this partnersh

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Ifza partners with CBD for exclusive banking solutions

Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide Ifza Free Zone companies with quick and convenient access to banking services and financial solutions. Through this partnersh

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Sanad closes $55m financing deal with CBD

Sanad Capital, a wholly-owned subsidiary of Mubadala Investment Company, has closed a $55 million debt financing deal with the Commercial Bank of Dubai (CBD), one of the UAE’s leading financial institutions. The first-ever c

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CBD goes live on UAE KYC blockchain platform

Commercial Bank of Dubai (CBD) has announced its go-live on the UAE KYC Blockchain Platform, an initiative which facilitates secure digital customer onboarding, instant bank account functionality, automated data updates, and sharing of verified

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Dubai Economy, CBD offer banking services for traders

Dubai Economy and Commercial Bank of Dubai (CBD) have joined hands to provide exclusive banking services for DED Trader licence holders. The initiative enables startups in Dubai to leverage online and social media for business growth.

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CBD adopts Microsoft Cloud to spur digitization

Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has partnered with Microsoft for the deployment of mission critical workloads on Azure Cloud aligned with the cloud strategy. The announcement comes after the re

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