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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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Bank Sohar
September 23rd, 2018 - 10:38 GMT

Bank Sohar Introduces New ATM in Al Rustaq

During the event
September 23rd, 2018 - 08:52 GMT

Bank Nizwa Showcases Wholesale Banking Solutions to Corporate Clients in Salalah

Mastercard will work with its banking partners to offer unique League of Legends co-branded products in select markets, starting in 2019.
September 20th, 2018 - 08:25 GMT

Mastercard Signs With League of Legends as First Global Partner of the World’s Largest Esport

Customers wishing to experience excellence in banking may visit any of Bank Sohar’s 31 branches strategically spread across the Sultanate.
September 20th, 2018 - 06:50 GMT

24 Hour Personal Loans & 72 Hour Housing Loans...With Bank Sohar, Loans Have Become Faster & Easier

During the event
September 20th, 2018 - 05:00 GMT

UBF CEOs Advisory Council Meeting Explored Initiatives to Promote the Country’s Real Estate Sector and Boost Financing for SMEs

Mr. Majed Essa Al Ajeel, Chairman of the board of Burgan Bank
September 20th, 2018 - 03:44 GMT

Burgan Bank Group Commenced Today Its Rights Offering to Raise up to Kd62.55 Million

Bank al Etihad
September 19th, 2018 - 09:42 GMT

Bank al Etihad: Introducing the New SWIFT GPI Feature in Jordan

The Sukuk was issued as a “drawdown” under Al Hilal Bank’s USD2.5 billion Trust Certificate Issuance Programme, which is listed on the Irish Stock Exchange.
September 19th, 2018 - 09:08 GMT

Al Hilal Bank Successfully Closes Landmark $500 Million Sukuk

Cash withdrawals are now possible using simply a PIN and your fingerprint. (Shutterstock)
September 19th, 2018 - 07:21 GMT

Bahrain Launches GCC's First Biometric Payment System

During the event
September 19th, 2018 - 06:49 GMT

National Bank of Oman Partners With ONEIC for Real-Time Online PASI Payments

Emirates NBD U By Emaar Visa credit cards will allow customers to earn and redeem Upoints at 1,500 Emaar touchpoints across the hotels, restaurants and leisure assets of Emaar Group.
September 18th, 2018 - 11:26 GMT

Emirates NBD and Emaar Partner to Introduce Dubai’s Most Rewarding Card Programme, Emirates NBD U By Emaar Visa Credit Card

During the event
September 18th, 2018 - 11:18 GMT

Bank Sohar Announces Winners in 7th Al Mumayaz Savings Scheme Monthly Draws

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