THE MIDDLE EAST’S

46. Commercial Bank of Dubai (CBD)

Country: U.A.E.
Sector: Banks & Financial Services
CEO: Bernd van Linder
Market Value: $6.2 billion
Sales: $2.6 billion
Profits: $825 million
Assets: $38.2 billion

CBD offers conventional and Islamic banking services to its institutional, corporate, and personal banking customers through a network of 11 branches and 147 ATMs and CDMs. In October 2024, it issued a $500 million five-year senior unsecured bond under its Euro medium-term note program. The Investment Corporation of Dubai is the bank’s largest shareholder, with a 20% stake. In March 2025, CBD announced that it was providing Siemens Energy with a $150 million bilateral credit facility in the U.A.E.