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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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Members of Iran’s local cryptocurrency and blockchain ecosystem are convinced that they can still bring international donors on board.
August 14th, 2019 - 12:00 GMT

Cryptocurrency Campaign Aims to Help Iran’s Flood Victims

ADB is committed to providing wide-ranging support to strengthen Pakistan’s economy and reduce the risk of external economic shocks.
August 8th, 2019 - 08:30 GMT

Asian Development Bank Approves $500 Million Loan for Pakistan

Bank ABC
August 8th, 2019 - 05:28 GMT

Bank ABC Announces First Half 2019 Net Profit of $112 Million, Attributable to the Shareholders of the Parent

One of the robbers then went to the vault, which was open, and filled a backpack with 1,567 gold coins.
August 7th, 2019 - 10:30 GMT

Inspired by ‘La Casa De Papel’? Armed Robbers in Mexico Steal over $2 Million in Gold Coins

Burgan Bank extends its best wishes and greetings to the public on the coming of Eid Al Adha.
August 7th, 2019 - 09:38 GMT

Burgan Bank Announces Working Hours During Eid Al Adha Holiday

Moody's expects full-year profitability to decline to a still sound 1.7 per cent, from 1.8 per cent in 2018
August 7th, 2019 - 08:30 GMT

UAE’s Four Largest Banks H1 Profit Exceeds $5 Billion

CBJ provides finance tools with a total amount of JD1.2 billion for investors
August 7th, 2019 - 08:00 GMT

Foreign Currency Reserve Stands at $14 Billion in Jordan

MasterCard
August 7th, 2019 - 07:58 GMT

MasterCard Advances Its Leadership Position as a Multi-Rail Payments Company With the Acquisition of Nets’ Account-To-Account Payment Business

Sheikh Khalid Abdullah Al Khalili, Chairman of Bank Nizwa during the event.
August 7th, 2019 - 07:20 GMT

Bank Nizwa Promotes Islamic Finance to Corporate and SME Clients in Salalah

In May, IMG said Egypt's efforts "in achieving macroeconomic stabilization, a recovery in growth, and an improvement in the business climate" have been successful.
August 7th, 2019 - 07:00 GMT

Egypt Receives Final $2 Billion Portion of IMF Bailout Package

Hammad Hassan
August 6th, 2019 - 12:10 GMT

Bank ABC Islamic Announces 21% Increase in First Half 2019 Net Profit to $18.9 Million

During the event
August 6th, 2019 - 11:30 GMT

Burgan Bank Sponsors Al-Ahmadi Governorate’s Community Initiatives

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