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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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During the event
March 27th, 2019 - 07:04 GMT

Sohar International Announces Winners of Salary Transfer Monthly Draws

Gulf International Bank
March 26th, 2019 - 11:18 GMT

Gulf International Bank Gold Sponsor of Bonds, Loans and Sukuk Middle East Conference 2019,

Money laundering, bribery and corruption were identical at around 12 per cent. (Shutterstock)
March 20th, 2019 - 07:00 GMT

Survey: 44 Percent Have Fallen Victim to Financial Crime

The Iranian authorities are negotiating a financial and monetary agreement with China on using local currencies in bilateral financial transactions. (Shutterstock)
March 20th, 2019 - 08:32 GMT

Iran, China Mull Using Local Currencies in Financial Transactions

Fintech will radically improve the financial health of the people of the Gulf. (Shutterstock)
March 20th, 2019 - 07:28 GMT

The Power of Fintech in UAE

Official figures released by Dubai Police showed a steady increase in cybercrime. (Shutterstock)
March 19th, 2019 - 10:05 GMT

Over 700 Bank Accounts Hacked in Dubai

The UAE's 9.5 million population is currently being served by 60 local and foreign banks. (Shutterstock)
March 18th, 2019 - 07:17 GMT

Here's Why Consolidation Is Required in UAE's Banking Sector

Positive effects on employment and economic development could be considerable. (Shutterstock)
March 17th, 2019 - 04:30 GMT

Why Women Should Be More Involved in the Financial Sector in MEA

Is Consolidation the Key for GCC Banks to Stay Competitive? (Shutterstock)
March 12th, 2019 - 01:10 GMT

Is Consolidation the Key for GCC Banks to Stay Competitive?

Palestinian Banking Sector Growth Influenced by Fintech (Shutterstock)
March 7th, 2019 - 08:32 GMT

Palestinian Banking Sector Growth Influenced by Fintech

Ziad Alexandre Hayek. (Twitter)
March 6th, 2019 - 12:02 GMT

Lebanon Withdraws Nomination of Hayek as World Bank President

World Bank Urges Egypt to Prioritize Women's Participation in the Economy. (Shutterstock)
March 6th, 2019 - 09:19 GMT

World Bank Urges Egypt to Prioritize Women's Participation in the Economy

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