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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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British government take action and hold Qatar and the bank to account for their actions.
August 6th, 2019 - 09:30 GMT

Report: Qatar Uses British Bank to Provide Financial Services to Extremists

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.
August 5th, 2019 - 09:50 GMT

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

During the event
August 5th, 2019 - 06:42 GMT

CrediMax First POS Acquirer in Middle East to Accept EazyNet Biometric Payments

Abdulrahman Alkhan, Head of Cards & eChannels.
August 4th, 2019 - 11:47 GMT

KFH Bahrain Launches Secure & Simple Mobile Banking Application “KFHB Online”

Sheikh Khalid Abdullah Al Khalili, Chairman of Bank Nizwa
August 4th, 2019 - 11:13 GMT

Bank Nizwa Continues to Lead Islamic Finance in Oman Reporting 64% Growth in Net Profit in Q2 2019

Abu Dhabi Commercial Bank
August 4th, 2019 - 10:20 GMT

Abu Dhabi Commercial Bank Partners With Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial Institutions

There are always negative rumors in the Lebanese markets
August 4th, 2019 - 10:00 GMT

Salameh: Lira Stable, Talk of Bankruptcy Risk Unjustified

Isa Maseeh
August 4th, 2019 - 09:13 GMT

NBB Appoints MR. Isa Maseeh as Its First Bahraini Chief Risk Officer

Any consumer debt loads, especially credit card debt, should be evaluated.
August 4th, 2019 - 08:30 GMT

How Lower Interest Rates Will Affect UAE's Residents

The voting came after Lagarde resigned as head of the IMF last month to take on a new role as the next head of the European Central Bank (ECB).
August 4th, 2019 - 07:30 GMT

EU Nominates Georgieva as Lagarde's Successor

During the event
August 4th, 2019 - 06:16 GMT

Burgan Bank Inaugurates New Branch in Sabah Al-Ahmad Sea City Al Khiran District

The bank continues to use all available tools to ensure financial stability when necessary. 
August 1st, 2019 - 11:00 GMT

Turkish Central Bank Cuts Year-End Inflation Forecast to 13.9 Percent

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