Commercial Bank International (CBI), a leading UAE bank, has launched CBIx, its dedicated innovation and ventures arm.
This independent subsidiary will accelerate disruptive ideas across banking, bridging emerging technologies with real-world applications to drive innovation and new ventures.
CBIx: A Game-Changer for the UAE Banking Landscape
The creation of CBIx is part of CBI’s long-term strategy to embed innovation across its ecosystem, from enhancing customer experiences to developing the next generation of financial solutions.
Through the new initiative, the Bank will explore, develop, and pilot cutting-edge innovations in AI, fintech, Web3, tokenized assets, and gaming-focused financial services.
Ali Sultan Rakkad Al Amri CEO – CBI
“CBI has always believed that the future of banking depends on our ability to innovate responsibly and effectively. The launch of CBIx reflects our appetite to create new opportunities for our customers and partners, supporting the UAE’s broader vision of a digital, knowledge-based economy. Through CBIx, we will accelerate our efforts to transform how banking engages with technology and emerging industries.”
CBI has been steadily expanding its digital and innovation footprint and partnership ecosystem over the past few years. CBIx will focus on developing and piloting new business models, partnerships, and ventures to further strengthen the Bank’s innovation capabilities.
Early Initiatives and Strategic Partnerships
Early initiatives include the co-development of a Money Market Fund in partnership with QNB, as well as a collaboration with Al Farabi Innovation Hub, creating a gateway for high-growth Central Asian startups to access the UAE’s innovation economy, with CBIx providing regulatory, banking, and market expertise. The Bank is also engaging in tokenization and RWA projects through the Ascend RWA Accelerator, exploring regulated blockchain applications and real-world asset innovation in finance.
A Bridge Between Tradition and Innovation
By combining the strength of a well-established financial institution with the agility of an innovation lab, CBI is positioned at the forefront of regional and global innovation. CBIx will help the Bank connect with startups, incubators, and strategic partners, bringing scalable technological solutions to market, and reinforcing CBI’s role as a key enabler of the UAE’s National Strategy for Artificial Intelligence 2031.
“This initiative reflects CBI’s belief that collaboration is a cornerstone of progress. CBIx is designed to bring together partners from across industries to co-create the financial solutions of tomorrow, for the UAE and beyond,” Al Amri added.
