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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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Financial inclusion should be given great attention by the central banks
September 18th, 2019 - 12:00 GMT

IMF: Arab Countries Need to Provide More than 28 Million Jobs in 7 Years

During the event
September 18th, 2019 - 10:04 GMT

National Bank of Oman Bolsters 10 Year Tie With CFA to Advance Oman’s Banking Sector

It added that customer deposits fell slightly, by just 0.8 percent, up to June.
September 18th, 2019 - 08:30 GMT

Lebanon’s 14 Leading Banks’ H1 Profits Drop by 6 Percent

Lagarde is set to replace incumbent Mario Draghi on Nov. 1.
September 18th, 2019 - 06:30 GMT

European Parliament Approves Christine Lagarde’s Candidacy to Head ECB

Bahrain Islamic Bank
September 17th, 2019 - 11:17 GMT

BisB Introduces Financing Offer This Weekend

The winner expressed his excitement for being the winner of the rewarding cash prize with Yawmi Account from Burgan Bank.
September 17th, 2019 - 11:02 GMT

Burgan Bank announces the new winner of the KD 125,000 cash prize in the Yawmi Quarterly Draw

World Bank urges Beijing to open markets and reduce subsidies and government involvement in technology industries
September 17th, 2019 - 10:00 GMT

World Bank Urges China to Roll Back Plans for Tech Industries

During the event
September 16th, 2019 - 11:38 GMT

Federal Tax Authority Kick-Starts Campaign to Raise Awareness About the Expansion of Excise Tax and Its Objectives

Masaud Hayat
September 16th, 2019 - 10:17 GMT

Burgan Bank Participates in Central Bank of Kuwait’s International Banking Conference: "Shaping the Future"

National Bank of Oman
September 16th, 2019 - 10:06 GMT

National Bank of Oman Offers First of Its Kind Banking Solution at the Touch of a Button

The new tax is aimed at helping to diversify the nations’ sources of revenue.
September 16th, 2019 - 10:00 GMT

Auto Loans Drop in Bahrain by 10.3 Percent After Implementation of VAT

Increased funding costs are likely to impact banks amidst intensified competition for deposits and tighter liquidity in the second half.
September 16th, 2019 - 07:30 GMT

UAE Banking Industry Shows Marginal Improvement in Q2

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