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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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Ahmed Jafar Al Musalmi, Bank Sohar CEO
August 28th, 2018 - 05:35 GMT

Bank Sohar Closes $250 Million 3 Year Syndicated Loan Facility

Abed Hamandi, Regional Director - Professional Services, Middle East and Africa at SAS
August 27th, 2018 - 10:24 GMT

Bank Muscat and SAS Recognised for Best Data Analytics Initiative in the Middle East

Al Hilal Bank
August 27th, 2018 - 06:23 GMT

Al Hilal Bank Announces New Senior Appointments

Bank Representative with Award Officials.
August 26th, 2018 - 09:23 GMT

Bank Sohar Supports 4th Edition of Oman Ambassadors Award for International Students

Moody’s expects profitability for the UAE’s largest lenders to remain stable into 2019, driven by higher net interest income and lower provisions. (Shutterstock)
August 19th, 2018 - 11:17 GMT

Moody's: UAE’s Top Four Banks’ Profits to Remain Stable Into 2019

The new enhanced prizes of the 2018 AlWatani Savings scheme provides customers the chance to win an even bigger array of valuable prizes.
August 19th, 2018 - 09:59 GMT

NBB Announces 15 Alwatani Saving Scheme Monthly Cash Winners for July

The new development of Al-Sunbula account has increased the total number of winners to 24, and the total amount of prizes to 50,000 KD instead of 30,000 KD.
August 19th, 2018 - 05:04 GMT

Warba Bank Announces 5 Winners of 'Al Sunbula' Weekly Draw

Burgan Bank extends its best wishes and greetings to the public on the coming of Eid Al Adha.
August 16th, 2018 - 11:27 GMT

Burgan Bank Announces Working Hours During Eid Al Adha Holiday

Mr. Subah Al Zayani with the winner of USD 10,000 Mr. Isa AlKaabi
August 16th, 2018 - 04:52 GMT

KFH-Bahrain Announces ‘Libshara’ July 2018 Winners

During the event
August 15th, 2018 - 11:40 GMT

Bank Sohar Names Winners of Al Mumayaz Savings Scheme Monthly Draws

During the event
August 15th, 2018 - 11:32 GMT

Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project

Talal Touqan, BHS Head of Research and Advisory
August 15th, 2018 - 11:06 GMT

BHS Appoints Talal Touqan as Head of Research and Advisory

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