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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
October 20th, 2019 - 09:07 GMT

KFH-Bahrain Announces MR. Adel Abdulaziz Alawadhi as September 2019 Winner of “Libshara” Campaign’s Grand Prize $50,000

The IMF slashed China's growth forecast to 6.1 percent for this year and 5.8 percent for 2020
October 19th, 2019 - 01:35 GMT

IMF: Asian Nations Face Heightening Risks to Their Economic Outlooks

During the meeting
October 17th, 2019 - 11:04 GMT

H.E. Obaid Humaid Al Tayer Chairs Third Meeting of Ministry of Possibilities’ Department of Government Procurement

The charges unsealed in federal court in Manhattan mirror those against one of Halkbank’s former executives, Mehmet Hakan Atilla.
October 17th, 2019 - 05:56 GMT

US Charges Turkey's Halkbank With Participating in Scheme to Evade Iran Sanctions

Khaled Abbas
October 16th, 2019 - 11:45 GMT

Gulf International Bank Appoints Khaled Abbas as Group Head of Wholesale Banking

During the event
October 16th, 2019 - 11:31 GMT

Burgan Bank Rewards Top-Performing Employees and Branches for Quarters 2 & 3 /2019

Arif Amiri - CEO of DIFC Authority.
October 16th, 2019 - 08:14 GMT

Dubai International Financial Centre Records a 45% Rise in Islamic Assets, Marking Significant Year-On-Year Growth

Obaid Humaid Al Tayer
October 15th, 2019 - 11:47 GMT

Minister of State for Financial Affairs Heads UAE Delegation to IMF and WBG Meetings

The UAE Central Bank cut its key interest rate in August for the second time in 2019, in response to a similar move by the United States Federal Reserve.
October 15th, 2019 - 10:55 GMT

UAE Banks Invest $2.8 Billion in Bonds Over 8 months

Burgan Bank will continue presenting exclusive services and draws with an aim of exceeding customers’ expectations while offering them chances to win valuable cash prizes all year round.
October 15th, 2019 - 10:43 GMT

Victor Louis Menezes Wins Kd 4,000 in Burgan Bank’s Value Account Draw

During the event
October 15th, 2019 - 09:23 GMT

Commercial Bank of Dubai Adopts the Microsoft Cloud to Accelerate Digitization

The Bank has disclosed the ‘Dream Prize’  structure with one lucky Mega winner receiving USD 1,000,000, a luxury villa in Riffa Views
October 15th, 2019 - 08:29 GMT

NBB Surpasses Expectations as it Reveals 12 Additional Winning Chances for its ‘Dream Prize’

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