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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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During the event
October 23rd, 2018 - 09:52 GMT

Burgan Bank Hosts the 'Job Shadow' Program in Collaboration With Injaz Kuwait

NBO Hackathon To be held at the bank’s headquarters.
October 23rd, 2018 - 08:29 GMT

National Bank of Oman Hackathon Roadshow Calls Young Minds to Create Solutions

Islamic finance has the potential to onboard over a billion new customers through the use of technology, helping attain sustainable and long-term growth. (Shutterstock)
October 23rd, 2018 - 06:23 GMT

Islamic Finance Centre at Bahrain Fintech Bay to Attract 1 Billion Customers

Abdulhamid Saeed, Group Chief Executive Officer of FAB
October 23rd, 2018 - 05:14 GMT

FAB Reports Group Net Profit of Dh9.1 Billion, Up 12 Percent Year-on-Year

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
October 22nd, 2018 - 11:57 GMT

Gulf Bank Records an Increase of 18% in Net Profit for the First Nine Months of 2018

Bank Sohar
October 22nd, 2018 - 11:34 GMT

Bank Sohar Launches New ATM in Al Hail South

Deloitte Middle East has a long history of creating gender diversity and inclusion strategies, under its signature program the Deloitte Retention and Advancement of Women (DRAW) program.
October 22nd, 2018 - 09:10 GMT

Deloitte’s Women Partners Named Champions of Business in the Middle East

Dr. Abdullah bin Hassan Alabdulgader, Chairman of the Board
October 22nd, 2018 - 05:39 GMT

Gulf International Bank Announces New Board of Directors

ADSSSA launches ADPay in collaboration with First Abu Dhabi Bank
October 22nd, 2018 - 05:21 GMT

ADSSSA Launches ADPay in Collaboration With First Abu Dhabi Bank

Jamal Fakhro, Managing Partner of KPMG in Bahrain
October 22nd, 2018 - 05:03 GMT

Kingdom of Bahrain to Host KPMG’s Regional Partners’ Conference

Abu Dhabi Commercial Bank today reported its financial results for the nine month period.
October 22nd, 2018 - 04:43 GMT

Abu Dhabi Commercial Bank Reports Nine Month 2018 Net Profit of Dh3.483 Billion

Bank Sohar has committed to process applications and issue Gold, Platinum, Signature, Infinite, and Internet credit cards in 24 hours.
October 21st, 2018 - 10:04 GMT

Bank Sohar Promises Credit Card Issuance in 24 Hours

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