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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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QNB Group serves a customer base of more than 23 million customers with more than 29,000 staff resources operating from more than 1,100 locations and 4,400 ATMs.
January 16th, 2019 - 06:59 GMT

QNB Group: Financial Results for the Year Ended 31 December 2018

During the event
January 15th, 2019 - 09:42 GMT

Sohar International Celebrates Ministry of Health on Guinness Record for Nation Wide Blood Donation Campaign

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar (Shutterstock)
January 15th, 2019 - 08:04 GMT

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar

Harish Gopinath, partner and head of KPMG Enterprise at KPMG in Bahrain
January 15th, 2019 - 07:50 GMT

KPMG in Bahrain to Shed Light on the Importance of Accounting in Value-Added Tax and Financial Management

During the event
January 14th, 2019 - 08:46 GMT

Burgan Bank Honors Kuwait Fire Service Directorate for Their Continued Dedication to Employee Safety

Suvo Sarkar, Senior Executive Vice President & Group Head – Retail, Banking and Wealth Management, Emirates NBD
January 14th, 2019 - 07:40 GMT

Emirates NBD and Emirates Skywards Define New Standards for Loyalty in UAE

During the event
January 14th, 2019 - 06:55 GMT

Citi UAE Opens Citigold Lounge in Abu Dhabi

The UAE is among the fastest growing markets for UK services globally, with total services trade at GBP5.6 billion with the UAE, up 90 percent over the last decade. (Shutterstock)
January 13th, 2019 - 12:17 GMT

UK Eyes Fintech, Green Finance Opportunities in UAE

Soren Nikolajsen, Managing Director of Alawwal bank
January 13th, 2019 - 09:22 GMT

Alawwal Bank Becomes First Middle East Firm to Offer AI Training for All Staff

Jeyapriya Partiban delivering the opening speech
January 13th, 2019 - 09:13 GMT

KPMG in Bahrain Sheds Light on Bahrain’s Personal Data Protection Law

During the event
January 13th, 2019 - 07:19 GMT

National Bank of Oman Concludes 2018 With Omr500,000 Al Kanz Mega Draw

High interest rates will cause economic contraction at a time when the economy is already witnessing slow growth. (Shutterstock)
January 11th, 2019 - 05:30 GMT

Banks Profitability Affected by High Interest Rates in Lebanon

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