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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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Muzn Education Finance is based on the Islamic principle of Service Ijarah.
October 17th, 2018 - 10:02 GMT

Muzn Islamic Banking Promotes Quality Education Through Education Finance

During the workshop
October 16th, 2018 - 11:52 GMT

MoF Holds Workshops on Services Related to Issuing Certificates

The winner expressed his excitement of winning the cash prize of KD 4,000.
October 16th, 2018 - 10:41 GMT

Sayed Hussain Khaja Mohain Udeen Wins KD4000 in Burgan Bank’s Value Account Draw

During the event
October 16th, 2018 - 10:24 GMT

National Bank of Fujairah Launches ‘Ajyal’, a Bespoke Banking Service for Young Emiratis

Masayoshi Son has already paid a price for his close ties to Saudi Arabia. It could soon go much higher. (AFP)
October 16th, 2018 - 07:12 GMT

How the Khashoggi Case Is Costing Softbank's Son 19 Percent of Stocks Losses

Gulf Bank encourages customers to increase their chances of winning with Al Danah by depositing more into their Gulf Bank accounts using the new ePay (Self-Pay) service.
October 16th, 2018 - 05:04 GMT

Gulf Bank Announces Winners of the Al Danah Weekly Draw for the Week of 7 – 11 October 2018

During the event
October 14th, 2018 - 11:58 GMT

NBB Continues Support for Women’s Empowerment With Yalla Banat Partnership

Bill Thomas, Chairman of KPMG International
October 14th, 2018 - 08:35 GMT

KPMG Global Chairman Visits Kingdom of Bahrain in November

Mr. Majed Essa Al Ajeel, the chairman of Burgan Bank.
October 14th, 2018 - 07:20 GMT

Burgan Bank Group Successfully Completes Its Rights Issue

The UAE Banks Reception highlights the country’s robust banking sector, the sector’s success and achievements over the past years.
October 14th, 2018 - 05:10 GMT

HE Obaid Humaid Al Tayer Inaugurates UAE Banks Reception Alongside the Annual Meetings of IMF and WBG in Indonesia

During the event
October 14th, 2018 - 04:52 GMT

National Bank of Oman Awards More Al Kanz Winners

Global economist Nouriel Roubini, who predicted the financial crisis in 2008, warned that the hype of crypto-assets is dangerous. (Shutterstock)
October 14th, 2018 - 02:37 GMT

Why Did Cryptocurrencies Experience Massive Declines on Global Stock Markets?

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