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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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Phil Gandier, MENA Transaction Advisory Services Leader, EY
November 25th, 2018 - 12:07 GMT

Mena Announced Deal Value Increases 105 Percent in Q3 2018

The first promotion that is running for 48 days till 4 January 2019 will reward the three most frequent Bank Sohar credit card users with a two night stay at Anantara Al Jabal Al Akhdar Resort.
November 25th, 2018 - 11:30 GMT

Bank Sohar Introduces Two Credit Card Promotions

The bank also took home the title of ‘Strongest Islamic Retail Bank in the UAE’ for the fourth consecutive year along with the ‘Critics’ Choice for Most Innovative Digital Retail Bank’.
November 25th, 2018 - 07:18 GMT

DIB Crowned World’s Strongest Islamic Retail Bank 2018

During the event
November 22nd, 2018 - 08:21 GMT

Burgan Bank Sponsors the 3rd Kids Festival at the Boulevard Mall During Celebration of ‘Universal Children’s Day’

“New initiatives in reference to SPV are being developed and our expert talks with them are continuing,” Araghchi added. (Shutterstock)
November 22nd, 2018 - 05:19 GMT

Iran Announces SPV Talks With Europe Are Progressing

Mr. Hassan Amin Jarrar, Chief Executive Officer of BisB
November 21st, 2018 - 12:05 GMT

Bahrain Islamic Bank (BisB) Awarded Global Business Outlook’s ‘Best Online Bank, Bahrain’

During the event
November 21st, 2018 - 11:25 GMT

Visa Signs As Payments Technology Sponsor for Total Africa Cup of Nations to Bring the Continent’s Biggest Football Tournament to Fans Everywhere

On this occasion, a certified pharmacists examined its staff and customers at the Head Office on 13 November.
November 21st, 2018 - 09:23 GMT

Burgan Bank Celebrates ‘World Diabetes Day’

Jalil Al Aali, Partner and head of financial services at KPMG in Bahrain
November 21st, 2018 - 07:24 GMT

KPMG Releases the Fintech 100, The World’s Leading Fintech Innovators for 2018

The study revealed that 35 per cent of the total investment in Fintech startups in Mena over the past 10 years were made in 2017; or Dh193 million out of the Dh550 million invested between 2008 and 2018 were completed last year. (Shutterstock)
November 21st, 2018 - 05:59 GMT

Funding for Fintech Startups in MENA to Jump to Dh 7.3 Billion in Next Decade

Abdulaziz Al-Sowailim, EY MENA Chairman and CEO
November 20th, 2018 - 01:10 GMT

Business Students in KSA Rank EY As the Most Attractive Employer Among Big 4 Firms

The draw announced the 5 lucky winners in the presence of representatives from the Ministry of Commerce and Industry and Bank officials.
November 20th, 2018 - 11:44 GMT

Warba Bank Announces 5 Winners of 'Al Sunbula' Weekly Draw

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