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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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Customers of Bank Sohar can register for the service after downloading the app from Google Play or Apple’s App Store.
October 29th, 2018 - 01:04 GMT

Bank Sohar Serves Thousands With One Minute Mobile Banking Solution

Abdel Hadi Al Sa’di, Managing Director of Brokerage House Securities.
October 29th, 2018 - 11:12 GMT

BHS Obtains SCA Licence for Research and Advisory Services

Some banks claim that they suffer because many people do not pay back their loan installments. (Shutterstock)
October 29th, 2018 - 08:11 GMT

Opinion: Banks Are the Culprits, Not the Citizens

Awatif Al Harmoodi, General Manager, Operational Quality & Processes at Emirates Islamic, presenting the cheque to Mr. Mohammad Amin Al-Emadi, Board Member at Dubai Autism Center.
October 29th, 2018 - 05:42 GMT

Emirates Islamic Contributes Dh8 Million to Dubai Autism Centre

Mohammed Qasim Al Ali, CEO of National Bonds
October 29th, 2018 - 05:34 GMT

National Bonds Launches Savings Drive to Celebrate World Savings Day

Sayyid Amjad bin Mohammed Al Busaidi, Chairman of Bank Nizwa
October 28th, 2018 - 01:08 GMT

Bank Nizwa Registers 97 Percent Growth in Net Profit in Q3 2018

During the event
October 28th, 2018 - 11:20 GMT

Gulf Bank Continues to Support a Healthy Lifestyle by Testing Employees for Diabetes

Wadih AbouNasr, KPMG Head of Tax
October 28th, 2018 - 11:10 GMT

KPMG Appoints New Head of Tax for Saudi Levant Region

Blockchain adoption is accelerating globally and is set to go mainstream becoming a built-in part of technology and business process solutions.
October 28th, 2018 - 08:54 GMT

Fintech Summit in Dubai to Unlock the Benefits of Blockchain

More than 200 young customers enjoyed an evening full of entertainment ranging from music to sports.
October 28th, 2018 - 08:23 GMT

National Bank of Oman Celebrates the Power of Omani Youth

The initiative was organized by the Women Leadership Network.
October 25th, 2018 - 11:12 GMT

Mastercard Unites Female Executives to Lead the Way in the Drive for Equality

NBF posted an operating profit of AED 284.5 million in the third quarter of 2018
October 25th, 2018 - 06:46 GMT

NBF Achieved Record Nine Months Profit of Dh462.1 Million, Up 15.1 Percent Exhibiting Robust Quality Business Growth

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