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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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Kuwait Finance House-Bahrain
November 12th, 2018 - 12:47 GMT

KFH-Bahrain Private Banking Offer New Products

The Term Life and Personal Accident Insurance plans offer coverage on death, disabilities, hospitalization and repatriation from anywhere in the world.
November 12th, 2018 - 12:39 GMT

Bank Sohar Promises Immediate Issuance of Life Insurance Policies

Jean Christophe Durand, NBB CEO
November 12th, 2018 - 11:28 GMT

NBB Supports the Kingdom’s Vision as It Continues to Grow as a Leading Business and Aviation Hub

Ahmadi Music Group - Burgan Bank
November 12th, 2018 - 10:37 GMT

Burgan Bank Renews Sponsorship of Ahmadi Music Group’s 2018 – 2019 Season Performances

Nasdaq Dubai provides IsDB and its other regional and international issuers with a first class listing infrastructure as well as close links to investors around the world. (Shutterstock)
November 12th, 2018 - 08:22 GMT

Nasdaq Dubai Approves Listing of a 650 Million Euro Sukuk

Government Financial Policy Coordination Council’s third meeting of 2018
November 12th, 2018 - 06:45 GMT

MoF Holds the Government Financial Policy Coordination Council’s Third Meeting of 2018

During the event
November 11th, 2018 - 11:52 GMT

Emirates NBD Recognized as ‘The Innovator’ in the Middle East by Global Finance

Ribbon Cutting Ceremony with Alex Coelho
November 11th, 2018 - 11:46 GMT

Al Hilal Bank Launches Deerfields Mall Branch

The bank proudly announces the lucky 5 winners who received 1000 KWD each.
November 11th, 2018 - 09:02 GMT

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

Held at the Bank’s headquarters, the event brought together NBO customers, start-ups, successful entrepreneurs and SMEs to share their personal journeys.
November 11th, 2018 - 07:33 GMT

National Bank of Oman’s 'Tijarat' Speaker Series Arms SMEs With Practical Business Knowledge

Mr. Yousif Ali Mirza, Chief Executive of CrediMax.
November 11th, 2018 - 07:28 GMT

CrediMax, Official Acquirer for Bahrain International Airshow 2018

Strong capital levels provide a large, loss-absorbing buffer for the UAE's banks. Moody's expects strengthening profitability to support capital levels, with sector-wide tangible common equity (TCE) at 14%-15% of risk-weighted assets over the next 12 to 18 months. (Shutterstock)
November 11th, 2018 - 04:48 GMT

Report: UAE Banking System Stable for Now

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