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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
July 31st, 2018 - 10:11 GMT

Burgan Bank’s New In-House Learning & Development Center Alongside Agreement With Knowledge Club 2018

The financing would help the government diversify its funding sources, extend its debt maturity profile and reduce costs. (Shutterstock)
July 31st, 2018 - 07:48 GMT

Standard Chartered to Raise $1.2 Billion in Oman

Iraq’s intelligence service and Lebanon’s General Security unveiled a scam network that spreads false information about several Lebanese banks and blackmails them. (Shutterstock)
July 31st, 2018 - 07:35 GMT

Iraq, Lebanon Unveils Banks' Scamming Network

Tareq Al-Qallaf
July 30th, 2018 - 10:53 GMT

Burgan Bank Influences Positive Social Change in the Kuwaiti Community Through Support of Sports and Empowering Youth Initiatives

During the event
July 30th, 2018 - 09:45 GMT

Dubai Islamic Bank Celebrates Next Generation of Leaders

The winners, Sayed Ebrahim Adnan Naser Alawi Hashem, Noor Jamal Hammad and Fatin Ebrahim Mohammed Al Moayed, won $ 5,000 each.
July 30th, 2018 - 06:05 GMT

NBB Announces the First Three Winners of Mastercard Summer Promotion

The signing ceremony was attended by Ms. Dalal AlQais, General Manager of Retail Banking of BisB and Mr. Bernard de Villèle, General Manager of The Ritz-Carlton, Bahrain.
July 29th, 2018 - 10:06 GMT

Bahrain Islamic Bank Launches Exclusive Offers to Althuraya Account Holders

The report’s findings indicated a rise of 11 per cent in banks’ credit facilities provided to large companies in 2017, reaching JD9.6 billion and constituting 38.1 per cent of the total banks’ facilities. (Shutterstock)
July 29th, 2018 - 09:36 GMT

Report: Banking Sector in Jordan Ranks Third Among 19 European Countries

Arab Bank was named “Bank of the Year in the Middle East for 2017” by The Banker – Financial Times, London  and “Best Bank in the Middle East for 2018” by Global Finance, New York.
July 29th, 2018 - 07:18 GMT

Arab Bank Group Reports Profits of $436 Million for First Half of 2018

Burgan Bank Learning & Development representatives Mrs. Ghada El-Kadi & Mr. Abdulrahman Al Doughaji
July 29th, 2018 - 05:15 GMT

Interns Gear up for Burgan Bank’s 2018 Summer Internship Program

Strong bottom and top line growth in an evolving operating and regulatory environment.
July 26th, 2018 - 11:36 GMT

Abu Dhabi Commercial Bank PJSC Reports First Half 2018 Net Profit of Dh2.332 Billion

Abdulhamid Saeed, Group Chief Executive Officer of FAB
July 25th, 2018 - 06:01 GMT

FAB Reports Record Half Year 2018 Group Net Profit up 10 Percent Crossing the Dh6.0 Billion Mark

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