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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
February 19th, 2019 - 12:48 GMT

Middle East Payment Services Equips Safwa Islamic Bank With Murabaha System

Emirates NBD delivered a record set of results in 2018, with net profit up 20 per cent year-on-year to Dh10 billion. (Shutterstock)
February 19th, 2019 - 12:04 GMT

Emirates NBD Ranked No.1 UAE Banking Brand, 76th Worldwide

ENBD REIT will look to acquire up to 4.4 million shares from the market in its share buyback programme, effective from Thursday 21st February 2019
February 19th, 2019 - 11:08 GMT

ENBD REIT Announces Share Buy-Back Programme

Bank Nizwa - Wholesale Banking Event Muscat 2019
February 19th, 2019 - 10:47 GMT

Bank Nizwa Gathers Corporate and SME Clients to Bring Islamic Finance to the Forefront in Oman

National Bank of Fujairah cements commitment to the trade finance sector by supporting the GTR
February 19th, 2019 - 10:39 GMT

National Bank of Fujairah Cements Commitment to the Trade Finance Sector by Supporting the GTR MENA 2019

Conducting the Draws.
February 18th, 2019 - 12:02 GMT

Sohar International Reveals Winners of the First Monthly Draws of the Sohar | Prize Scheme for 2019

During the event
February 18th, 2019 - 11:26 GMT

Mastercard and Choithrams Start Something Priceless: 1 Million Meals Contributed to the World Food Programme

During the event
February 18th, 2019 - 11:18 GMT

OAB Announced January Winners of Hasaad Savings Scheme 2019

The minister announced future plans to turn the New Administrative Capital into the first cashless city. (Shutterstock)
February 18th, 2019 - 08:52 GMT

Egypt’s New Administrative Capital Aims to Be First Cashless City

Mohamed Mattar, the new Money Laundering Reporting Officer
February 18th, 2019 - 07:29 GMT

BisB Appoints New Money Laundering Reporting Officer

During the event
February 17th, 2019 - 09:48 GMT

National Bank of Oman Rewards Al Kanz Winners With OMR80,000 in First Draw of the Year

NBF HR team receiving award at Gulf Employee Experience Awards.
February 17th, 2019 - 07:42 GMT

National Bank of Fujairah Cements Leading Status as Best Employer Brand With Wins at the Gulf Employee Experience Awards and Tawdheef 2019

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