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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
September 30th, 2019 - 05:58 GMT

KPMG in Bahrain Discusses the Kingdom’s Corporate Regulatory Environment

Abdulla Al Suwaidi, Executive Director – Strategic Planning and Innovation at Noor
September 29th, 2019 - 11:27 GMT

Noor Capital Launches Its New Platform “Noor Trader”

Abdul Ghafoor Al Balushi & Saif Al Rawahi
September 29th, 2019 - 09:24 GMT

Bank Nizwa Nurtures Growth of Omani Experts in Islamic Finance

Dr. Adnan Chilwan - Group Chief Executive Officer.
September 29th, 2019 - 07:36 GMT

Dubai Islamic Bank Continues to Successfully Create Growth Opportunities for Emiratis

During the event
September 29th, 2019 - 05:52 GMT

Burgan Bank launches a New Qatar Airways Co-branded MasterCard Prepaid Card

The central bank cut rates after inflation figures fell to their lowest in more than six years.
September 28th, 2019 - 03:00 GMT

Egypt’s Central Bank Cuts Interest Rates for the Second Time

Burgan Bank
September 26th, 2019 - 11:46 GMT

Burgan Bank Offers Its Youth Account Holders a Chance to Watch “Joker” Movie for Free at Grand Cinemas!

Many countries now tend to do trade exchanges with Iran in their local currencies in order to prevent US from supervising and monitoring their trade and business trade activities.
September 26th, 2019 - 08:40 GMT

Iran Sidelines USD Transactions with Russia, Turkey

During the event
September 26th, 2019 - 07:26 GMT

UAE SME Businesses Recognised for Contribution to Market Growth at the 2019 Gulf Capital SME Awards

National Bank of Fujairah
September 25th, 2019 - 11:45 GMT

National Bank of Fujairah PJSC Prices US$ 350 Million 5.875% Additional Tier 1 Capital Securities Issuance

During the event
September 25th, 2019 - 10:12 GMT

Burgan Bank Receives Excellence Award in Recruitment of National Labor

Many countries in the world are interested in cooperating and collaborating with Iran in relevant field
September 25th, 2019 - 08:00 GMT

CBI: Foreign Countries Interested in Establishing Banking Ties With Iran Despite US Sanctions

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