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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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Banking regulators should work with banks to adopt good practices in the management of human, natural and financial resources. (Shutterstock)
October 4th, 2018 - 05:27 GMT

This Is Why Arab Banks Should Implement Green Banking

Chief Executive of CrediMax, Mr. Yousif Ali Mirza
October 4th, 2018 - 04:57 GMT

CrediMax Announces Mastercard Summer Campaign Winners

Mashreq Bank will become the first bank in the world to offer users the choice to make secure contactless and Masterpass QR payments.
October 3rd, 2018 - 10:43 GMT

Mashreq and Mastercard Team Up to Introduce Masterpass QR in UAE

The vote was conducted during the recent 58th WFE General Assembly in Athens, Greece.
October 3rd, 2018 - 09:50 GMT

Boursa Kuwait Granted Full Membership Of the World Federation of Exchanges

Burgan Bank 'The Leadership Challenge®'
October 3rd, 2018 - 09:43 GMT

Second & Third Batch From Burgan Bank Successfully Complete the Leadership Challenge Complete Model

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

GCC banks have now recognized most of the impact of the softer economic cycle on their asset quality. (Shutterstock)
October 3rd, 2018 - 06:55 GMT

Report: GCC Banks to Stay Strong Next Year, but With Conditions

Mr. Hisham Alrayes, CEO of GFH
October 3rd, 2018 - 06:12 GMT

GFH Signs to Acquire $200 Million Sukuk From Al Rajhi Bank

EY Iraq is the first EY office in the Middle East region and is the largest firm of its kind in the country.
October 3rd, 2018 - 04:57 GMT

EY Iraq Collaborates With Morgan International

The appointments reflect the bank’s rapid growth since becoming one of Oman’s fastest growing and leading Islamic financial institutions.
October 2nd, 2018 - 11:14 GMT

Bank Nizwa Empowers Omani Talent With Key Senior Team Appointments

The content will be derived from the CFA Institute Investment Foundations programme and will be accessible via Boursa Academy online.
October 2nd, 2018 - 10:07 GMT

Boursa Kuwait and CFA Institute to Launch Boursa Academy

H.E Saeed Rashid Al Yateem during the briefing
October 2nd, 2018 - 05:47 GMT

The Ministry of Finance Discusses the 2019 Federal Budget, Launches the eDMobile and Reviews the E-Dirham’s Key Results

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