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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
August 12th, 2018 - 10:25 GMT

Noor Bank Launches Noor Wealth for High Net Worth Individuals

 Bank Sohar SME team was present at the Expo to introduce esteemed guests and visitors to the array of services and products available for this important segment.
August 9th, 2018 - 12:00 GMT

Bank Sohar Empowers Special Needs Youth and SMEs at 3rd Unity Expo

During the event
August 9th, 2018 - 07:21 GMT

Bank Sohar Sponsors Honoring Event for 157 ‘Outstanding’ Students

Customer deposits grew by $4.7 billion in the first half of this year, in line with average first half growth of the previous five years, to reach $173.3 billion at the end of June.(Shutterstock)
August 8th, 2018 - 12:19 GMT

Report: Deposits in Lebanese Banks Exceed $170 Billion

The app is accessible to the public to download.
August 8th, 2018 - 11:26 GMT

The Deloitte 'VAT in the GCC Guide' Mobile App in Arabic

During the event
August 8th, 2018 - 10:54 GMT

NBB Staff Complete Workshop Delivering Success in a Rapidly Evolving Market

During the event
August 8th, 2018 - 10:43 GMT

Mashreq, Trade Bank of Iraq and General Electric Enter Into Strategic Cooperation

Mastercard remains committed to leveraging its technological expertise and capabilities to support the Kingdom’s journey to becoming a cashless society.
August 8th, 2018 - 09:46 GMT

Mastercard Continues to Support KSA’s Cashless Drive With New Multi-Layered Security Payment Solution for Mobile: Mada Pay

Lebanese economy situation is fragile and needs a new phase of reforms. (Shutterstock)
August 7th, 2018 - 10:43 GMT

Lebanese Pound Stable Despite Fragile Economy

In a statement to the press, the Central Bank of Kuwait “assures that all the figures contained in that report are altogether incorrect." (Shutterstock)
August 6th, 2018 - 09:03 GMT

Central Bank of Kuwait Denies Expats Bad Debts Report

Dr. Abdullah bin Hassan Alabdulgader, Chairman of GIB
August 6th, 2018 - 08:36 GMT

GIB Continues Progress in Expansion Strategy and Strengthening of KSA Presence

The UAE is ranked amongst the top countries in terms of mobile penetration and easy access to internet, which further enhances the country’s potential for embracing digital banking services. (Shutterstock)
August 6th, 2018 - 07:38 GMT

4 Areas Commercial Banks Need to Digitize

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