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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
January 23rd, 2019 - 07:31 GMT

Sohar International Holds 2018 Year End Grand Draws Dispensing OMR 330,000 in Cash

During the event
January 22nd, 2019 - 11:23 GMT

KPMG in Bahrain Discuss the Importance of Accounting in Managing VAT for Entrepreneurs During a Seminar

The report expects that UAE equity markets will rally in 2019
January 22nd, 2019 - 10:00 GMT

FAB Global Investment Outlook Forecasts Global Equity Market Rebound in 2019

During the event
January 21st, 2019 - 11:48 GMT

Burgan Bank Holds Blood Donation Drive in Partnership With the Kuwait Central Blood Bank

National Bank of Oman is always on the forefront to presenting new trends and technologies.
January 21st, 2019 - 07:51 GMT

National Bank of Oman Is the First to Offer 5,000 Contactless Touch Points Across the Sultanate

Bank ABC as the Best Trade Finance Provider in Bahrain for the year 2019.
January 20th, 2019 - 11:11 GMT

Bank ABC Named Best Trade Finance Provider in Bahrain

Ahmad Al Harthy
January 20th, 2019 - 06:13 GMT

Racing ACE Ahmad Al Harthy to Showcase New Aston Martin at NBO HQ

During the meeting
January 17th, 2019 - 11:51 GMT

Central Bank of the UAE Holds Its 1st Board of Directors Meeting for 2019

CBI decided to take a more moderate stance toward the digital money and blockchain technology following the imposition of a new round of U.S. sanctions. (Shutterstock)
January 17th, 2019 - 09:54 GMT

Will Crypto-Rial Help Iran Evade the Sanctions' Effects?

Mr. Hisham Alrayes, CEO of GFH Financial Group
January 16th, 2019 - 12:43 GMT

GFH Acquires London Westside Business Park

The GCC banking sector has many banks serving small populations, driving intense competition and aggressive pricing policies. (Shutterstock)
January 16th, 2019 - 09:03 GMT

Slow Growth, Subdued Credit Demand Are Main Reasons Behind GCC Bank Mergers

Emirates NBD.
January 16th, 2019 - 07:44 GMT

Emirates NBD Dubai Economy Tracker

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