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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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Amir Kanaan, Managing Director for the Middle East, Turkey and Africa at Kaspersky. (CPI Financial)
June 5th, 2018 - 09:13 GMT

When Cybercriminals Take on Financial Institutions

The sources explained this means the number of expatriates has not increased but somehow declined. (Shutterstock)
June 5th, 2018 - 07:10 GMT

Remittances of Expats in Kuwait Drop by 13 Percent

The free concierge services has been introduced as part of the bank’s wide range of valuable privileges and benefits that is especially designated for its Premier customers.
June 4th, 2018 - 08:14 GMT

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking Customers

Al Hilal Bank’s Human Resources Division has been awarded ISO 9001:2015 certification.
June 4th, 2018 - 06:56 GMT

Al Hilal Bank HR Division Receives ISO 9001:2015 Certification

The Ghabga, attended by the management and staff, aimed to strengthen relations among employees.
June 4th, 2018 - 05:47 GMT

CrediMax Hosts Its Annual Ramadan Staff Ghabga

Abdulhamid Saeed, Group Chief Executive Officer of FAB
June 3rd, 2018 - 09:56 GMT

FAB Appoints New Country CEO for UK Operations

There are 56,700,000 Internet users in Iran, which is 69.1% of the population. (Shutterstock)
June 3rd, 2018 - 08:49 GMT

The Challenges and Opportunities of Fintech in Iran

Vince Cook awarding 100,000 AED cheque to Mission to Seafarers.
June 3rd, 2018 - 06:49 GMT

National Bank of Fujairah Extends Dh100,000 Sponsorship to Mission to Seafarers

Boursa Kuwait has been committed to raising the international standards of the Kuwaiti market.
June 3rd, 2018 - 06:01 GMT

Boursa Kuwait Adopts FTSE Russell Industry Classification Benchmark

A global network of computers uses blockchain to jointly manage the database that documents digital currency transactions. (Shutterstock)
May 30th, 2018 - 08:48 GMT

How Digital Currencies Complement Fintech

Qatari lenders are particularly exposed to new accounting rules aimed at providing for the possibility of bad loans according to a new report. (Shutterstock)
May 30th, 2018 - 07:25 GMT

Qatari Banks Exposed to New Banking Bad Loan Rules

Israel’s seven largest banks provide services to settlements, which are regarded as illegal under international law because they are built on Palestinian land occupied in 1967. (Shutterstock)
May 29th, 2018 - 08:18 GMT

Israeli Banks Financing Illegal Settlements

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