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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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Boursa Kuwait CEO, Mr. Khaled AbdulRazzaq Al Khaled
July 22nd, 2018 - 05:05 GMT

Boursa Kuwait Awarded Full Membership at the Federation of Euro–Asian Stock Exchanges

Mr.Omar Kutayba Alghanim, Gulf Bank’s Chairman
July 22nd, 2018 - 04:45 GMT

Gulf Bank Records an Increase of 18 Percent in Net Profit for the First Half of 2018

The agreement was signed by Jasim Al Ali, CEO, Real Estate Group at FAB and Khalfan Mohamed Al Mazrouei, Managing Director of Special Olympics World Games Abu Dhabi 2019.
July 19th, 2018 - 11:24 GMT

FAB Announced as Official Partner of the Special Olympics World Games Abu Dhabi 2019

Mastercard experts at the Summit shed light on the significance of a ‘Public-Private-People (3P)’ model and data analytics as key enablers of the technologies that will open doors to the cities of the future.
July 19th, 2018 - 05:58 GMT

Mastercard: Smart Cities Hold the Key to a More Connected and Inclusive Future for Middle East and Africa

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
July 19th, 2018 - 05:18 GMT

Burgan Bank Announces Strong Second Quarter Delivering a Solid First Half

Mr. Yousif Ali Mirza, Chief Executive of CrediMax
July 19th, 2018 - 05:07 GMT

CrediMax Bahrain and Mastercard Launch Summer Campaign

Jean- Christophe Durand , NBB CEO 2018
July 18th, 2018 - 12:03 GMT

NBB Net Profits Rise 15.9 Percent to BD 36.79 Million for the First Half of 2018

The bank operates in 30 countries on five continents and owns 40 per cent of Saudi Arabia’s Arab National Bank. (File/Photo)
July 18th, 2018 - 11:33 GMT

Arab Bank to Open Its First Branch in China

Customers wishing to open the Al Thuraya account can do so by simply visiting the nearest Burgan Bank branch and obtain all the necessary details.
July 18th, 2018 - 09:50 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

Dr. Adnan Chilwan, Dubai Islamic Bank Group Chief Executive Officer
July 18th, 2018 - 07:33 GMT

Dubai Islamic Bank Group 1st Half 2018 Financial Results

National Bank of Fujairah
July 17th, 2018 - 12:00 GMT

National Bank of Fujairah H1 2018 Net Profit up 10.4 Percent as a Result of Its Resilient Business Strategy

All products and services previously offered by Dubai First will remain the same in terms of proposition, name, look and feel.
July 17th, 2018 - 10:43 GMT

FAB Brings Dubai First Business Into Its Personal Banking Group

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