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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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Dubai Investments
August 1st, 2019 - 07:10 GMT

Dubai Investments Reports 17% Increase in Second Quarter Profits

Emirates NBD
August 1st, 2019 - 07:06 GMT

ENBD REIT Announces Q1 NAV of USD 255 Million; Active Leasing Strategy Protects Occupancy

Overall inflation and inflation for items other than food and energy were running below 2% on a 12-month basis
August 1st, 2019 - 06:30 GMT

US Central Bank Cuts Interest Rates for First Time Since 2008 Crisis

Hana Al Rostamani
July 31st, 2019 - 11:54 GMT

Ministry of Finance and Etisalat Sign Agreement to Add E-Dirham Payment Services for Companies

Burgan Bank customers can avail the discounted offer by using any of Burgan Bank credit or debit cards.
July 31st, 2019 - 10:27 GMT

Burgan Bank’s Customers Offered 10% Discount From Prominent Sportswear Brand, Asics

National Bank of Bahrain
July 31st, 2019 - 07:29 GMT

NBB Elevates Its Customer Journey and Experience Through Continuous Transformation

During the event
July 30th, 2019 - 11:41 GMT

CrediMax Signs a Milestone Agreement to Provide Exclusive Payment Solution for Careem

KAMCO will develop and manage the IPO implementation strategy in line with the timeline and requirements set forth by the CMA as part of this process.
July 30th, 2019 - 06:29 GMT

CMA Appoints KAMCO to Manage the IPO of Boursa Kuwait

Euromoney
July 29th, 2019 - 11:24 GMT

The Euromoney Egypt Conference 2019: How Will Digitisation Transform the Egyptian Finance Industry?

Abu Dhabi Global Market Building
July 29th, 2019 - 11:07 GMT

Abu Dhabi Global Market Wins ‘Best International Financial Centre EMEA 2019’

Esraa Albuti is the first female Saudi national promoted to partner at EY
July 29th, 2019 - 08:27 GMT

EY Welcomes 20 New Partners in the MENA Region; First Female Saudi Partner Appointed

These wallets aim to enrich the digital payment environment
July 29th, 2019 - 05:19 GMT

E-Wallets Exceed 21 Million Operations in Saudi Arabia

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