Press releases, Reports & Disclosures for Commercial Bank of Dubai P.S.C.

A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. took place on Wednesday, April 23, 2025, at 9:00 a.m. During the meeting, the board approved the minutes from the previous meeting held on January 29, 2025, and approved the financial statements for the first quarter of 2025. Additionally, normal business activities were discussed. The meeting details were communicated to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market, and a copy was sent to the Securities and Commodities Authority.

The document is the condensed consolidated interim financial statements of Commercial Bank of Dubai PSC for the three-month period ending on March 31, 2025.

The Commercial Bank of Dubai (P.S.C.) has scheduled an Earnings Call Meeting to discuss the financial results for the quarter ending on March 31, 2025. The meeting will take place on Monday, April 28, 2025, at 3:00 p.m. Further information is available on the bank's website under the Investor Relations section. The letter is addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and is signed by Mr. Ahmed Ali Al Jaziri, Board Secretary. A copy of the letter has also been sent to the Securities and Commodities Authority.

A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. is scheduled for Wednesday, 23rd April 2025, at 9:00 a.m. The agenda includes approving the minutes of the previous meeting held on 29th January 2025, approving the financial statements for the first quarter of 2025, discussing normal business activities, and addressing any other business. The outcome of the meeting will be communicated immediately afterward.

The Commercial Bank of Dubai P.S.C. held its Annual General Meeting on March 5, 2025, at the bank's head office in Dubai. During the meeting, several resolutions were adopted, including the approval of the directors' report, the auditors' report, the Internal Sharia Supervision Committee's report, and the consolidated financial statements for the year ending December 31, 2024. Additionally, Dr. Abdulrahman Abdulla Alsaadi was appointed as a member of the Internal Shari’ah Supervisory Board. A cash dividend distribution of 50% of the net profit for 2024, equivalent to 50.74% of the paid-up capital as of December 31, 2024, totaling AED 1,514,686,394.92, was also approved.

The text is a proxy form for shareholders of the Commercial Bank of Dubai (PSC) to appoint a proxyholder to represent them and vote on their behalf at the Annual General Assembly Meeting scheduled for March 5, 2025. Shareholders need to fill in their details, the proxyholder’s information, and sign the form. The completed form, along with supporting documents, should be uploaded electronically at the specified website. The registrar may contact shareholders to verify the information provided.

The document is an internal management discussion and analysis report for the full year of 2024, dated January 29, 2025. It is intended for a finance platform with social features used by individuals interested in finance and investing.

The audited consolidated financial statements of Commercial Bank of Dubai PSC for the year ending December 31, 2024, are pending approval by the Central Bank of UAE and adoption by shareholders at the Annual General Meeting.