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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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The awards, which were handed over to the winners in Dubai, recognised the best performers in a range of categories in the banking and finance industry.
May 6th, 2018 - 06:40 GMT

Gulf Capital Awarded 'Best Private Debt Provider' at Banker Middle East Industry Awards 2018

NBF team receiving Best Commercial Bank award.
May 6th, 2018 - 06:27 GMT

NBF Cements Leading Position as the Preferred Banking Partner for Businesses at the 2018 Banker Middle East Industry Awards

Arif Amiri, Chief Executive Officer of DIFC Authority
May 6th, 2018 - 06:14 GMT

DIFC and Accenture Sign Agreement to Further Cement FinTech Hive at DIFC Position Globally

Attracting delegates from across the Middle East and beyond, the two-day forum, which concludes tomorrow, explores financial opportunities and challenges in the Kingdom.
May 3rd, 2018 - 05:40 GMT

Kingdom Witnessing 'Major Economic Transformation', Say Experts at Euromoney Saudi Arabia Conference

Mr. Shafeeq Ahmed Salman has won the first Grand Prize for the Tejoori Al Islami Account.
May 3rd, 2018 - 05:19 GMT

Bahrain Islamic Bank Announces the Winner of the First Grand Prize of Tejoori Al Islami

Mr. Abdulrahman Al Khan, Head of Cards and eChannels division
May 3rd, 2018 - 05:07 GMT

KFH-Bahrain Launch Mobile Application for Clients to Manage Their Credit Cards

The NBC has been designed to serve as a platform to discuss topics relevant to the business landscape.
May 2nd, 2018 - 09:47 GMT

Noor Bank Discusses Impact of VAT at Its Launch of ‘Noor Business Council’

Mr. Nasser Al Awadhi, Chief of Consumer Banking, received the award on behalf of Dubai Islamic Bank.
May 2nd, 2018 - 05:11 GMT

Dubai Islamic Bank Recognized by Dubai Service Excellence Scheme for the Widest Implementation of Happiness Meter

Mark Peters, Head - Private Clients and Wealth Management at ADCB and Thomas Hirschi, Executive Director, Banking & Insurance of the Financial Services Regulatory Authority of ADGM.
May 1st, 2018 - 12:40 GMT

ADCB Becomes First Local Bank to Operate in Abu Dhabi Global Market

Omar Kutayba Alghanim, Gulf Bank’s Chairman
May 1st, 2018 - 10:35 GMT

Gulf Bank Records an Increase of 15 Percent in Net Profit for the First Three Months of 2018

Mr. Abdulhakeem Al Khayyat in the middle with AAOIFI’s organizers.
April 30th, 2018 - 11:30 GMT

KFH-Bahrain Participates AAOIFI 16th Annual Shari’ah Conference

The Deloitte report focuses on the top ten regulatory priorities for banks in the Middle East: from recovery and resolution planning to financial crime compliance.
April 29th, 2018 - 06:00 GMT

Deloitte Launches the Middle East Financial Services Regulatory Barometer 2018 for Banking Regulation in UAE

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