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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 11th, 2018 - 05:47 GMT

CrediMax and Apparel Group MaxWallet Partnership

Mr. Abdulaziz A. Al-Helaissi, Group Chief Executive Officer of GIB
July 10th, 2018 - 08:34 GMT

Capital Intelligence Affirms Gib Ratings, Highlighting Bank’s ‘Stable’ Financial Strength

Abdullah Al-Fozan, Chairman of KPMG
July 10th, 2018 - 05:42 GMT

KPMG: M&A Transactions to Grow in Saudi Arabia Over the Next Two Years

The survey covers the Dubai non-oil private sector economy, with additional sector data published for travel & tourism, wholesale & retail and construction.
July 9th, 2018 - 11:43 GMT

Emirates NBD Dubai Economy Tracker

Burgan Bank encourages everyone to open a Yawmi account and/or increase their deposit to maximize their chances of becoming a winner.
July 9th, 2018 - 10:12 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

During the event
July 9th, 2018 - 07:50 GMT

Al Hilal Bank Awarded for Most Innovative CSR Campaign in the UAE

During the event
July 9th, 2018 - 05:28 GMT

CrediMax and Al Muntazah Markets Maxwallet

During the event
July 8th, 2018 - 10:25 GMT

NBB Completes First Phase of AWS Cloud Adoption as It Accelerates Digital Transformation

Mazar Rashid Jalal, the new General Manager
July 8th, 2018 - 10:06 GMT

Bahrain Islamic Bank Appoints ​​a New Head of​ ​Compliance and Governance ​​

The Banque du Liban's large gross foreign reserves maintains the Lebanese financial systems considerable liquidity buffers to weather a period of slower financial inflows or short-term outflows. (Shutterstock)
July 8th, 2018 - 10:01 GMT

Lebanese Banking System Is Stable Despite Various Challenges

Although Lebanese banks are behind many countries in their digital customer service, they’re eager to jump in, despite a lack of hospitable laws. (Shutterstock)
July 5th, 2018 - 11:17 GMT

Lebanese Banks to Fixate on Tech Innovation

The signing ceremony was attended by Mr. Hassan Jarrar, Chief Executive Officer of BisB, along with Mr. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Investment Company
July 4th, 2018 - 11:56 GMT

Bahrain Islamic Bank Signs a Memorandum of Understanding Agreement with Bin Faqeeh Real Estate Investment Company

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