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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 employee population in all Abu Dhabi-based banks stood at 11,871, with the average compensation per employee rising 5.7 percent to Dh43,411.
May 30th, 2019 - 11:00 GMT

Abu Dhabi Banks’ Interest Earnings Hit $2.1 Billion in Q1 2019

Moody's expects Bahraini banks' funding and liquidity conditions will remain healthy.
May 30th, 2019 - 08:30 GMT

Moody's Changes Bahrain's Banking System's Outlook to Stable

During the event
May 29th, 2019 - 09:53 GMT

NBO Receives the First Omani Woman to Scale Mount Everest Nadhira Al Harthy

During the event
May 29th, 2019 - 09:36 GMT

Bank Nizwa Family Celebrates Ramadan

Emirates NBD
May 29th, 2019 - 08:11 GMT

ENBD REIT Announces Full Year Results for 31st March 2019

During the event
May 29th, 2019 - 07:13 GMT

Burgan Bank Deepens Ties During the Holy Month of Ramadan

Most mergers and acquisitions (M&A) to date have involved banks with common major shareholders.
May 27th, 2019 - 10:30 GMT

Report: GCC’s Cycle of Bank Mergers Comes to an End

The central bank's first-quarter 2019 survey results suggested an increase in demand appetite for business loans.
May 27th, 2019 - 06:42 GMT

Expats Demand of Personal Loans Declines in UAE

Bank Nizwa
May 27th, 2019 - 06:39 GMT

Bank Nizwa Provides Different Ways for Zakat and Sadaqah Payments During Ramadan

During the event
May 26th, 2019 - 10:02 GMT

National Bank of Fujairah Honors the Holy Month of Ramadan by Extending Support to Fujairah Workers

Services like Bestmixer.io are paid to “launder” online currency such as Bitcoins for a commission.
May 23rd, 2019 - 10:39 GMT

Netherlands Bust One of the Biggest Cryptocurrency Launderers

During the event
May 22nd, 2019 - 10:32 GMT

Bank Nizwa Signs MoU With Real Estate Services Company Offering a Competitive Home Financing Profit Rate

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