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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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Deloitte in the Middle East is committed to the long term economic success of the Kingdom through Saudi youth talent development and the firm’s nationalization programs.
March 26th, 2018 - 06:54 GMT

Deloitte Announces Plan to Support Digital Skills Development in Saudi Arabia

Khaled Kawan, Group CEO of Bank ABC
March 26th, 2018 - 06:30 GMT

Bank ABC Shareholders Approve $93.3 Million Dividend Payment and a Market Making Arrangement to Support Liquidity in ABC Share Price

Bashar Al Sayed receiving the prize, Lexus ES 350 model 2018.
March 26th, 2018 - 05:51 GMT

CrediMax Announces Its Monthly Prize Winners for Its 'We Give the Max' Campaign

Bankers and analysts say digital initiatives will be the most important factor in remaining competitive in a market that is fast embracing technology. (Shutterstock)
March 25th, 2018 - 11:42 GMT

UAE Takes Lead in Digital Banking in the Middle East

DIB’s MyHome is a ‘one stop shop’ to meet a customer’s entire home finance related needs.
March 25th, 2018 - 08:18 GMT

Dubai Islamic Bank’s ‘MyHome’ Is Set to Change UAE Home Finance Market

Eng. Nashat Sahawaneh and Hisham Alrayes, CEO of GFH during the signing ceremony.
March 25th, 2018 - 06:45 GMT

GFH Financial Group Exits Philadelphia Private School Investment

Ali Ahmed Al-Kuwari, Group CEO of QNB
March 25th, 2018 - 06:21 GMT

Al-Kuwari: QNB Is Dedicated to Developing Human Potential

Hassan Jarrar, Chief Executive Officer of BisB
March 25th, 2018 - 06:08 GMT

Bahrain Islamic Bank Launches ‘Women in Leadership’ Program

Sumit Bhatia, Head of Direct Business Channel, Mashreq Bank
March 25th, 2018 - 05:41 GMT

Mashreq Wins Best Call Centre 2018 at the Service Olympian Awards

The conference forms part of the efforts of the Capital Market Authority to highlight important issues related to the state of the local capital market and to discuss the latest developments related to the role of regulators.
March 22nd, 2018 - 12:35 GMT

Boursa Kuwait Participates in the 3rd Annual CMA Conference

The value of direct foreign investments in the third quarter of 2017 went up to JD1.02 billion, up by 19.1 percent. (Shutterstock)
March 22nd, 2018 - 08:48 GMT

Central Bank of Jordan Expects Foreign Investment to Grow by 12 Percent This Year

Mr. Abdulwahab Alrushood, Group Chief Treasury Officer, receiving the award.
March 21st, 2018 - 12:42 GMT

KFH-Bahrain Wins ‘Best Islamic Bank in Bahrain’ Award

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