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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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Lagarde on Tuesday announced that she formally submitted her resignation from the IMF position with effect from September 12, 2019
July 17th, 2019 - 05:26 GMT

Lagarde Resigns as IMF Chief

NBO is constantly striving to develop innovative solutions to suit the evolving needs of our customers.
July 16th, 2019 - 10:30 GMT

National Bank of Oman Launches Badeel Prepaid Cards to Non-Customers

Saqr Hamdan Al Zaabi
July 16th, 2019 - 08:56 GMT

Ajman Bank Continues to Foster Development of UAE Nationals by Awarding Senior Roles in Higher Management

Some banks are using robots to make their banking services easier to access.
July 16th, 2019 - 07:58 GMT

People Using Digital Banking in UAE Soar to 90 Percent

Standard Chartered
July 16th, 2019 - 06:59 GMT

Standard Chartered Bank Partners With UAE Exchange for Cash Management Services

Pankaj Kundra - Head of Payments at Mashreq
July 16th, 2019 - 06:29 GMT

Mashreq Bank Now Offers Its Customers the Facility to Remit Money to India and Pakistan via Credit Card

Burgan Bank’s Value Account presents customers with exceptional features which were specifically designed to suit the needs of expatriates living in Kuwait.
July 15th, 2019 - 10:34 GMT

Khaled Mahmoud Serdar Khan Wins Kd4000 in Burgan Bank’s Value Account Draw

During the event
July 14th, 2019 - 10:51 GMT

Bank Nizwa Highlights Importance of Islamic Finance During 2nd Salalah International Islamic Finance Conference

Fiscal resources declined 57 percent because new Gulf donations were not allocated.
July 14th, 2019 - 09:02 GMT

Morocco’s Budget’s Deficit Reaches 6.9 Percent in June

Aref Al-Ramli, Head of Digital Banking and Innovation at  Mashreq Bank
July 14th, 2019 - 07:17 GMT

Mashreq Becomes First Bank in the Middle East to Provide International Market Investment through Mobile Banking

During the event
July 14th, 2019 - 06:27 GMT

NBO’s Al Kanz Savings Account Half-Year Mega Draw Awards Two Winners With Omr 500,000

During the event
July 14th, 2019 - 05:52 GMT

Burgan Bank Holds a Summer Workshop for Its Youth Account Holders

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