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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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The Iraqi bank had also, earlier, put on hold plans to buy a commercial bank in Turkey because of the plunge in the Turkish lira.
July 9th, 2019 - 06:18 GMT

Trade Bank of Iraq Expands in GCC, China to Lift Revenues to 30 Percent

During the event
July 9th, 2019 - 06:06 GMT

BisB Enables Its Customers to Benefit From "Shukran" Loyalty Program

This approach is building a solid platform for investors by removing barriers and costs to doing business.
July 8th, 2019 - 10:58 GMT

Abu Dhabi Securities Exchange (ADX) meets with Morgan Stanley

Arif Amiri, Chief Executive Officer at DIFC Authority
July 8th, 2019 - 10:41 GMT

DIFC Strengthens Leadership Team to Drive Vision for Future Growth

Bahrain FinTech Bay
July 8th, 2019 - 10:24 GMT

Bahrain FinTech Bay to Join Forces With SES to Use Space Technology to Support Bahrain’s Ambitions in Communications Networks and Cloud Computing

With every KD 10 available in the account, the customer receives one chance to enter the draw.
July 8th, 2019 - 10:15 GMT

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

Market Performance
July 8th, 2019 - 09:00 GMT

NBK Capital: Boursa Kuwait Achieves the Highest Performance in the GCC Since the Beginning of the Year

The lender announced the job losses on Sunday as part of a restructuring plan that will ultimately cost $8.31 billion.
July 8th, 2019 - 08:29 GMT

Deutsche Bank Starts 18,000 Global Job Cuts by Eliminating Teams in Asia-Pacific

Chief Executive of CrediMax, Mr. Yousif Ali Mirza
July 7th, 2019 - 11:39 GMT

CrediMax Launches Its Multi-Currency Contactless Card “Cardy EX”

Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards
July 7th, 2019 - 11:00 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

During the event
July 7th, 2019 - 10:21 GMT

KPMG in Bahrain receives summer internship students

During the event
July 7th, 2019 - 10:11 GMT

NBO Hosts Institutional Excellence Award Ceremony

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