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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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MasterCard
April 1st, 2019 - 07:06 GMT

Mastercard’s Raja Rajamannar Named WFA President

During the award ceremony
April 1st, 2019 - 06:32 GMT

EMEA Finance Magazine Europe Names KFH “Best Islamic Bank in Bahrain”

During the event
March 31st, 2019 - 11:04 GMT

Bank Nizwa Marks Annual General Meeting With 98 Percent Growth in Net Profit

UAE Ministry of Finance
March 31st, 2019 - 09:46 GMT

Ministry of Finance and Arab Monetary Fund to Organise the Arab Regional Tax Forum

National Bank of Oman
March 31st, 2019 - 09:40 GMT

National Bank of Oman Grants Academic Scholarships to Omani Students

Egypt's headline inflation rate had quickened in February to 14.4 percent from 12.7 percent in January. (Shutterstock)
March 31st, 2019 - 08:04 GMT

Interest Rates Remain Unchanged in Egypt

During the event
March 31st, 2019 - 05:29 GMT

National Bank of Fujairah Extends Partnership With Emirates Nature-WWf to Support Conservation Efforts

Fintech startups have recently started taping the unmet demand from smaller cities and industries in terms of credit and financial guidance. (Shutterstock)
March 28th, 2019 - 10:47 GMT

Report: India Ranks Second Globally With Largest Number of Fintech Startups

Mr Ahmed Al Musalmi, Chief Executive Officer of Sohar International
March 28th, 2019 - 07:24 GMT

Sohar International Successfully Concludes Perpetual Bonds Issuance of Omr100 Million

During the event
March 28th, 2019 - 06:19 GMT

Burgan Bank Holds Annual General Assembly Meeting and 2019 Shafafiyah Forum

During the event
March 27th, 2019 - 12:23 GMT

Burgan Bank Holds Annual General Assembly Meeting and 2019 Shafafiyah Forum

Abu Dhabi Commercial Bank
March 27th, 2019 - 10:38 GMT

ADCB Provides Credit Card Holders More Flexibility With New Card Control Service

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