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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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Bank al Etihad held a ceremony on Wednesday 5 December at the Halim Salfiti Theater at its headquarters, in the presence of the family members of the participating women.
December 9th, 2018 - 09:53 GMT

Bank Al Etihad Paves the Way for 20 Ambitious Women to Resume Their Careers

During the celebrations
December 9th, 2018 - 07:27 GMT

National Bank of Oman Celebrates Oman’s 48 Year Journey

Property prices in Dubai slid by 7.4 percent from a year earlier in the third quarter, accelerating from a 5.8 percent decline in the previous quarter, the UAE central bank said in a report on Tuesday. (Shutterstock)
December 9th, 2018 - 03:37 GMT

Dubai Stock Market Hits Lowest Mark Since Five Years

One-year bills worth about $1.15 billion are due to mature on the same day. The average yield on those bills was 3.495 percent. (Shutterstock)
December 9th, 2018 - 03:05 GMT

Egypt Confirms $1 Billion One-Year Dollar T-Bills Auction on Monday

Sohar Islamic delivered a donation covering the cost of workshops intended to help women in Salalah learn how to start and market home-based businesses.
December 6th, 2018 - 06:15 GMT

Sohar Islamic Extends Support to Omani Bahjah Orphan Society

Wessam Al Asfoor, Head of its privilege and private banking division, Sadara Wealth Management at NBO
December 5th, 2018 - 01:08 GMT

NBO Announces New Head of Sadara Wealth Management

The DFSA and Bank Negara Malaysia have long enjoyed a strong and close relationship, particularly in the area of Islamic Finance.
December 5th, 2018 - 10:25 GMT

DFSA Signs MoU With Bank Negara Malaysia

Picture of Vince Cook alongside the latest batch of the Management Training Programme participants
December 5th, 2018 - 08:55 GMT

National Bank of Fujairah Welcomes the Latest Batch of Management Training Programme Participants

Standard Chartered has not yet officially made the strategy public. (Shutterstock)
December 5th, 2018 - 07:09 GMT

Standard Chartered Bank to Cut 100 Jobs in Dubai

During the event
December 5th, 2018 - 06:17 GMT

Bank Sohar Launches Erteqa’a Plus Leadership Development Programme in Collaboration With Harvard Business Publishing

By signing up for ADCB Emirati, customers can benefit from priority services such as a dedicated relationship officer, valet parking, and a special queue at ADCB branches.
December 4th, 2018 - 12:45 GMT

ADCB Launches ‘ADCB Emirati’ – Bespoke Banking Service for UAE Nationals

NBO Sponsors Avenir Career Expo to Inspire Indian Youth in Oman
December 3rd, 2018 - 11:45 GMT

NBO Sponsors Avenir Career Expo to Inspire Indian Youth in Oman

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