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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 3rd, 2019 - 10:17 GMT

Sohar International Honoured by Ministry of Social Development

Eman Ali Abdulla Ebrahim, the Head of the Bank’s Central Operations department
January 2nd, 2019 - 08:13 GMT

BisB Appoints Eman Ali Abdulla to Head Its Central Operations

Burgan Bank’s Airport Branch Resumes Normal Working Hours During New Year’s Holiday
December 30th, 2018 - 12:09 GMT

Burgan Bank’s Airport Branch Resumes Normal Working Hours During New Year’s Holiday

Mr. Subah Al Zayani
December 30th, 2018 - 11:56 GMT

KFH-Bahrain Bahrain Offers 6 Luxury Apartments in Durrat Marina and Major Cash Prizes

NBO has also recently upgraded its redemption system of the Nuqati Programme, where customers can redeem points online, through the NBO Mobile App or in-store.
December 30th, 2018 - 11:55 GMT

National Bank of Oman Customers Can Now Shop With Nuqati Points

Recognizing the Bank
December 30th, 2018 - 11:43 GMT

Sohar International Honored as Official Sponsor of Oman Forum Media Awards 2018

Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management, Emirates Islamic.
December 30th, 2018 - 09:09 GMT

Emirates Islamic Launches ‘Cardless Cash Withdrawal’ Feature via Its Mobile Banking App

Cardholders can take advantage of exclusive discounts and spend offers for hotel stays, retail, dining, entertainment, and more, through promotions with Jumeirah Hotels & Resorts, Dubai Pass, Majid Al Futtaim Leisure and Entertainment, and Meraas. (Shutterstock)
December 30th, 2018 - 08:42 GMT

Visa Brings Exciting Deals to Help Cardholders Find Their Escape During This Dubai Shopping Festival

Sohar International Viewpoints
December 26th, 2018 - 11:07 GMT

Sohar International Hosts 3rd Edition of Viewpoints

Mr. Subah Al Zayani with the grand prizewinner
December 26th, 2018 - 09:24 GMT

KFH-Bahrain Announces ‘Libshara’ November 2018 Winners

Senior Egyptian officials, including the Central Bank of Egypt Governor, and Board members of Bank ABC attended inauguration ceremony.
December 26th, 2018 - 05:00 GMT

Bank ABC Egypt Inaugurates a New Head Office Building in Cairo

Bank Nizwa, Oman’s leading Islamic bank was named ‘Strongest Islamic Retail Bank’ in the Sultanate at the Islamic Retail Banking Awards (IRBA) 2018.
December 26th, 2018 - 03:00 GMT

Bank Nizwa Named ‘Strongest Islamic Retail Bank’ in Oman for the Fourth Time

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