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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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Arab Bank
April 28th, 2019 - 06:23 GMT

Arab Bank Group First Quarter Profits Grow by 5.2% to $ 231.8 Million

Bank Sohar
April 28th, 2019 - 05:40 GMT

Sohar International Reports 14% Net Profit Growth for Q1 2019

The largest Islamic bank in the UAE by total assets, DIB said the board allowed the bank to explore possible acquisition of Noor Bank.
April 25th, 2019 - 10:58 GMT

Dubai Might Witness the Merger of Two Main Islamic Banks Soon

The UAE gross bank assets, including the bankers’ acceptances, hit $786 billion in March.
April 25th, 2019 - 10:13 GMT

UAE Gross Bank Assets Down to $786 Billion in March

 Happy Earth Day.
April 25th, 2019 - 08:35 GMT

Burgan Bank Celebrates Earth Day

Turkey's e-commerce volume surged 42% year-on-year in 2018.
April 25th, 2019 - 07:47 GMT

Turkey's E-commerce Reaches Nearly $16 billion in 2018

Mr. Subah Al Zayani and GBO Award
April 25th, 2019 - 06:02 GMT

Kuwait Finance House Bahrain Wins Best Use of Technology in Fintech Solutions Award

During the event
April 24th, 2019 - 10:59 GMT

NBO Hosts Government Competencies Programme for Promising Public Service Employees

Knowledge Series welcoming over 700 guests
April 24th, 2019 - 10:10 GMT

National Bank of Fujairah Holds Fourth Edition of NBF Knowledge Series Titled “Thinking Ahead”

Arab Banking Conference highlights economic diversification.
April 24th, 2019 - 09:27 GMT

Arab Banking Conference Sheds Lights on Importance of Economic Diversification

During the event
April 24th, 2019 - 05:49 GMT

Sohar International Awarded at the Infosys Finacle Client Innovation Awards 2019

During the event
April 24th, 2019 - 05:21 GMT

Edamah Signs an Agreement With KFH–Bahrain to Finance Its "Sa’Ada" Development

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