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Banking and Finance

Banking and Finance latest

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

ALBAWABA- India’s currency is under renewed strain, with the rupee sliding to a record low against the U.S. dollar in late April, intensifying pressure on the Reserve Bank of India to steady markets while shielding the broader economy. The rupee weakened to around 96 per dollar on Thursday, marking a sharp decline from levels near 91–92 earlier this year and extending a multi-year slide that has eroded more than 12% ...
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During the event
November 5th, 2019 - 11:31 GMT

Sharjah Islamic Bank Launches ‘Commodity Murabaha’ Service in Cooperation With DMCC

The Al-Thuraya account holders have the option to hold money in Kuwaiti Dinar and other major currencies
November 5th, 2019 - 10:24 GMT

Burgan Bank announces the winner of the Al-Thuraya Salary Account monthly draw

During the event
November 5th, 2019 - 10:03 GMT

Bank Nizwa Continues to Redefine Islamic Finance in Oman With Latest International Recognition

Dubai Islamic Bank Introduces “Banking in Minutes” as It Enters the Next Decade as a Digitally Intelligent Bank
November 5th, 2019 - 07:42 GMT

Dubai Islamic Bank Introduces “Banking in Minutes” as It Enters the Next Decade as a Digitally Intelligent Bank

Sam Stewart, Managing Director and Partner BCG
November 4th, 2019 - 08:14 GMT

Retail Banks Must Change to Stay Relevant

Burgan Bank encourages everyone to open a Yawmi account and/or increase their deposit to maximize their chances of becoming a winner.
November 4th, 2019 - 06:58 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

During the event
November 4th, 2019 - 06:34 GMT

BisB Supports AAOIFI’s 14th World Bank Conference as a Silver Sponsor

During the eventd
November 3rd, 2019 - 12:40 GMT

National Bank of Fujairah Concludes Participation at the Najah Exhibition in Abu Dhabi

During the event
November 3rd, 2019 - 11:56 GMT

National Bank of Oman Scores Three Awards for Groundbreaking Badeel Prepaid Card

During the event
November 3rd, 2019 - 09:46 GMT

USA Ambassador Visits Credimax

Sheikh Khalid Abdullah Al Khalili, Chairman of Bank Nizwa
November 3rd, 2019 - 07:30 GMT

Bank Nizwa Registers Highest Net Profit Growth in Oman’s Banking Industry in Q3 2019

During the event
October 30th, 2019 - 10:41 GMT

Burgan Bank Supports ‘Autism Partnership Kuwait’ for the Second Consecutive Year

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