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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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The General Insurance products that consist of Motor Insurance, Home Contents Insurance, and Travel Insurance offered by the Bank, promise competitive premium and attractive benefits.
December 10th, 2018 - 10:46 GMT

Bank Sohar Offers Customers a Host of General Insurance Products

Deputy Head of Retail Banking Group at KFH-Bahrain, Mr. Subah Abdullatif Al Zayani
December 10th, 2018 - 10:16 GMT

KFH-Bahrain Re-launches Credit Card Campaign

Mr. Osamah Mohammed Shaker, CEO of GIB Capital
December 10th, 2018 - 06:28 GMT

GIB Capital Takes Four EMEA Finance Awards

During the event
December 10th, 2018 - 06:13 GMT

DFSA Hosts Authorisation Outreach and Stakeholder Roundtable

ADNOC’s Blockchain pilot has provided a single platform that tracks the quantities and financial values of each bilateral transaction between ADNOC’s operating companies, automating the accounting process. (Shutterstock)
December 10th, 2018 - 04:18 GMT

ADNOC to Use Blockchain in Oil and Gas Production Value Chain

The World Bank has also warned that Lebanon could lose loans if a prolonged political deadlock means they are not used. (Shutterstock)
December 10th, 2018 - 03:52 GMT

Lebanon Might Lose International Aid as No Cabinet Is in Sight

Currently 25% of trades between the two countries are being conducted by national currencies and this trend will continue. (Shutterstock)
December 10th, 2018 - 03:46 GMT

Iran, Russia Trading With National Currencies Targets US Sanctions

Iranian President saluted Turkish President Recep Tayyip Erdogan for his stance against the U.S. sanctions and constructive manner regarding the issues in the Islamic community. (Shutterstock)
December 10th, 2018 - 03:15 GMT

Iran Eager to Expedite Energy and Financial Agreements With Turkey

Mr. Subah Abdullatif Al Zayani, Deputy Head of Retail Banking Group at KFH-Bahrain
December 9th, 2018 - 01:02 GMT

Shop & Win With KFH-Bahrain’s Cards

Bank Sohar
December 9th, 2018 - 12:14 GMT

Bank Sohar to Award OMR 80,000 as General Prizes

During the event
December 9th, 2018 - 10:45 GMT

National Bank of Fujairah Awarded 'Best Islamic Window – UAE' at the Islamic Business and Finance Awards 2018

Dr. Adnan Chilwan, Group CEO, DIB, receives the award during the ceremony.
December 9th, 2018 - 10:27 GMT

Dubai Islamic Bank Triumphs at Islamic Business and Finance Awards 2018

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