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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 system is aimed at protecting the country’s banking and financial system
May 16th, 2019 - 10:57 GMT

UAE Develops New System to Protect the Financial Sector

During the event
May 16th, 2019 - 06:55 GMT

The National Bank of Bahrain Takes the Lead as the First Bank in MENA to Provide Open Banking Services

73 per cent of the $100 billion poured into fintech investments over 2012-2017
May 15th, 2019 - 10:07 GMT

The Importance of Digitization in the Banking Sector

During the event
May 15th, 2019 - 09:21 GMT

FAB Launches the First ‘World’ Debit Card of Its Kind Exclusively for SMEs in the UAE

During the event
May 15th, 2019 - 08:16 GMT

National Bank of Fujairah Launches “Save and Learn” Initiative to Mark the Arab Financial Inclusion Day

Various Islamic rulings have been issued on the matter.
May 15th, 2019 - 07:23 GMT

What's the Future of Islamic Currency Trade?

Burgan Bank
May 15th, 2019 - 07:10 GMT

Burgan Bank Reports Net Income of Kd19.2 Million for the First Quarter of 2019

NBO Friday is the perfect opportunity for cardholders to make that special one-off purchase and is considered ideal for buying higher-priced goods.
May 14th, 2019 - 10:50 GMT

Cardholders to Enjoy 10 Percent Cashback on ‘NBO Friday’

Bank ABC
May 14th, 2019 - 07:46 GMT

Bank ABC Islamic Announces 16.8 Percent Increase in First Quarter Net Profit to $9.6 Million

During the event
May 13th, 2019 - 10:41 GMT

Burgan Bank Rewards Top-Performing Employees and Branches for Quarter 1/2019

Salim Rashid Ali Al Maharbi as its Chief Financial Officer , Mohammed Hamed Nasser Al Hashmi as Head of Compliance.
May 13th, 2019 - 09:50 GMT

Bank Nizwa Appoints New Chief Financial Officer and Head of Compliance

During the event
May 12th, 2019 - 10:49 GMT

Burgan Bank Sponsors TEDxAUK

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