GFT adds Dubai bank to CBMT network before GFT stock reports
Published on 10/18/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCompany events and operating figures
- Commercial Bank of Dubai became the first Middle East bank in the CBMT network on September 30, 2026.
- GFT's first-half 2026 revenue rose 5.00 percent to EUR 462.60 million.
- GFT stock closed at EUR 27.20 on October 16, 2026.
GFT Technologies SE (ISIN DE0005800601) added a new banking connection to its Commercial Bank Money Token network on September 30, 2026. Commercial Bank of Dubai became the first Middle East bank to join the initiative, with GFT supporting the sandbox as a technical service provider, according to GFT Technologies.
Dubai bank broadens the network
The CBMT project tests tokenized commercial bank money for corporate payments, trade settlement and treasury operations. GFT and UDPN support the sandbox, which connects regulated bank deposits with distributed-ledger technology; the release said the initiative does not yet constitute a commercial launch.
The announcement gives GFT's AI-centric digital transformation strategy a banking use case outside Europe. It also extends the company's established focus on financial institutions, where platform modernization and core-system work remain central to its offering.
What does the AI study show?
GFT's September 29, 2026 study found that 84.00 percent of surveyed technology leaders had canceled an AI project or pilot because of legacy-system limits. The research covered 945 CIOs and CTOs in 19 countries, according to GFT Technologies.
That problem connects directly with GFT's operating numbers. In the first half of 2026, revenue rose 5.00 percent year over year to EUR 462.60 million, while earnings before tax increased 26.00 percent to EUR 24.00 million, according to TickerGuard. GFT also confirmed 2026 revenue guidance of EUR 930.00 million on August 6, 2026.
Results date sets the next test
The chronology is clear: GFT reported first-half 2026 revenue of EUR 462.60 million on August 6, 2026; its AI research recorded 84.00 percent of respondents canceling an AI project on September 29, 2026; and Commercial Bank of Dubai joined the CBMT network as the first Middle East bank on September 30, 2026.
GFT's investor-relations calendar lists a London roadshow for October 21, 2026, and the third-quarter or nine-month interim update for November 12, 2026. The latter is the next dated operating checkpoint and will show whether the first-half earnings recovery is continuing.
The stock's dated reference
GFT's market capitalization was EUR 695.4 million on October 16, 2026, while its 52-week range was EUR 13.86 to EUR 28.20. The stock's last Xetra close was EUR 27.20 on October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of GFT stock.
GFT Technologies stock facts
- Company: GFT Technologies SE
- ISIN: DE0005800601
- WKN: 580060
- Ticker: GFT.DE
- Primary exchange: Xetra
- Last Xetra close: EUR 27.20 on October 16, 2026
- Market capitalization: EUR 695.4 million as of October 16, 2026
- 52-week range: EUR 13.86-EUR 28.20 as of October 16, 2026
- Sector / Industry: Information technology / IT services
- Index membership: SDAX
- Next earnings date: November 12, 2026
Market context: Market report DAX.
