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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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Mr. Subah Al Zayani with the winners.
July 4th, 2018 - 06:13 GMT

KFH-Bahrain Announces the Final Winners of Its Credit Card Subscription

Dubai's infrastructure and innovation ecosystem provide an enabling environment for disruptive businesses to create more inclusive solutions. (File/Photo)
July 3rd, 2018 - 08:57 GMT

Dubai Dedicated to Delivering Financial Services Across Region

Ferid Belhaj new Vice President for the region at the World Bank.
July 2nd, 2018 - 10:26 GMT

New Vice President for MENA Announced by World Bank

The IMF board approved the latest $2 billion disbursement under the aid deal signed in November 2016 to support Cairo's economic reform programme. (Shutterstock)
July 2nd, 2018 - 09:13 GMT

$2 Billion Loan Installment for Egypt Approved by IMF

Chief Executive of CrediMax, Mr. Yousif Ali Mirza
July 2nd, 2018 - 05:09 GMT

CrediMax and Visa Launch Summer Campaign

The summer camp offer is valid on one month memberships only and registration period will close on July, 31st, 2018.
July 1st, 2018 - 10:37 GMT

Burgan Bank Ties up With ‘Wiggle Kids Club’ to Offer BuBa Kids Customers an Exclusive Summer Camp

During the event
July 1st, 2018 - 07:25 GMT

Riyadh-Based GIB Capital Wins 'Best Bond House in the Middle East'

Ali Al Najjar, Assistant General Manager and Head of Operations Department at Al Ansari Exchange receiving the award at the Super Brands awarding ceremony.
July 1st, 2018 - 05:03 GMT

Al Ansari Exchange Wins 'UAE Superbrand' for the 13th Year in a Row

Emirates Institute of Banking and Financial Studies
June 28th, 2018 - 09:56 GMT

Emirates Institute of Banking and Financial Studies Launches Fintech Training Lab to Develop Talent to Meet Future Industry Needs

During the event
June 27th, 2018 - 09:02 GMT

Burgan Bank Sponsors Fatima Al-Hashimya School High School Graduation Ceremony

During the event
June 27th, 2018 - 08:22 GMT

Noor Bank, Dubai Police Join Hands to Fight Drug Abuse

Digital transformation is vital for facial recognition, iris scans, and bitcoin. (Shutterstock)
June 27th, 2018 - 07:34 GMT

Fintech Drives GCC Cybersecurity Market to $8 Billion in 2018

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