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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 their internship period, ranging from one to three months, the interns will build practical skills, workplace experience and greater knowledge of the banking industry.
September 11th, 2019 - 08:53 GMT

National Bank of Oman Welcomes Interns

The banking portfolio that is being sold to DCB Bank comprises Dh355 million ($97 million) in assets and Dh601 million ($164 million) in liabilities.
September 11th, 2019 - 07:57 GMT

ADCB to Sell Majority of Its India Banking Portfolio

The agreement plans to offer investment insurances through the Investment Guarantee Agency (MIGA)
September 9th, 2019 - 10:30 GMT

World Bank, Yemen Agree to Enhance Central Bank Abilities, Stabilize Exchange Rate

During the event
September 8th, 2019 - 11:15 GMT

MoF Launches ‘Inspirational Volunteering Stories’ Series and Hosts MR. Mohammed Abdullah Al Zarouni in Its First Session

During the event
September 8th, 2019 - 07:46 GMT

CrediMax Partners With Payment International Enterprise to Incorporate MaxWallet QR Payments

During the event
September 8th, 2019 - 06:10 GMT

Kuwait Finance House Bahrain Enrolls Students in Vocational Training Programs

The Lebanese bank sanctioned by the U.S. Treasury Thursday has denied “each and every allegation” related to its alleged funding of Hezbollah.
September 4th, 2019 - 01:00 GMT

US Has No Intention to Sanction More Lebanese Banks

National Bank of Oman
September 4th, 2019 - 10:06 GMT

More Cash Prizes to National Bank of Oman’s Al Kanz Draw Winners

Mr. Khalid Almaarafi, Executive Manager and Head of Retail Banking Group at KFH-Bahrain
September 4th, 2019 - 05:50 GMT

Kuwait Finance House Bahrain Offers Cash Prizes to New Credit Card Clients

The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win a Nissan Patrol SUV every month.
September 3rd, 2019 - 09:14 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

Women's participation is particularly strong in the public sector.
September 2nd, 2019 - 12:30 GMT

UAE Central Bank Demands Banks to Treat Customers Equally Regardless of Gender

Global Business Outlook BisB Award
September 2nd, 2019 - 11:04 GMT

BisB Wins Global Business Outlook’s ‘Most Innovative Digital Transformation Initiative’ for the Year 2019

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