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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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A number of officials, department heads and ministry employees attended the celebration.
March 21st, 2018 - 10:46 GMT

UAE Ministry of Finance celebrates International Day of Happiness

Marcello Baricordi, Visa General Manager for Middle East and North Africa
March 21st, 2018 - 08:30 GMT

Visa Names Marcello Baricordi as General Manager for Middle East and North Africa

LG developed an open source version of its platform, webOS Open Source Edition.
March 21st, 2018 - 08:15 GMT

WebOS Enters Next Phase as Global Platform Under LG’s Stewardship

Mr. Dhafer Al Ahbabi, Chairman of the Board of Directors, welcomed the shareholders and thanked them for their continuous support of the company and their valuable trust in the Board of Directors.
March 21st, 2018 - 07:50 GMT

Al Ramz Corporation AGM Convenes and Approves 6 Percent Dividend Distribution

Abdulhamid Saeed, Group CEO of FAB
March 20th, 2018 - 12:27 GMT

First Abu Dhabi Bank Wins Commercial Banking Licence in Saudi Arabia

The Kuwait Open Tennis tournament is the biggest championship organized by the Kuwait Tennis Federation.
March 20th, 2018 - 10:00 GMT

Burgan Bank Sponsors 9th Kuwait Open Tennis Championship

81% of respondents were ‘confident’ that their own company would grow over the next 12 months, according to PwC.
March 20th, 2018 - 08:19 GMT

PwC: Adjusting to the New Normal, What’s on the Minds of Middle East CEOs?

Pankaj Kundra, Head of Payments Mashreq
March 20th, 2018 - 07:50 GMT

Mashreq Bank Drives Innovation With Alipay Payment Partnership

Noor Bank Team with Abdulqader Obaid Ali Chairman of UAE IAA.
March 19th, 2018 - 10:49 GMT

Noor Bank Receives 'Generally Conforms' Rating From UAE Internal Auditors Association

Deloitte launched the inaugural RFCC in Dubai in 2016, to provide a platform for Middle East financial institutions to debate the practical and unique challenges.
March 19th, 2018 - 09:51 GMT

Deloitte to Host the Third Regulatory and Financial Crime Conference in Dubai, April 2018

The Yawmi Quarterly draw offers customers chances to win higher rewards, entitling one lucky customer to win KD 125,000 cash prize every three months.
March 19th, 2018 - 09:40 GMT

Burgan Bank Announces the Winner of the Kd125,000 Cash Prize in the Yawmi Quarterly Draw

The attendees identified three distinct modules that define the job role of entry-level certified retail bankers – service, operations and sales.
March 19th, 2018 - 07:48 GMT

EIBFS Convenes Industry Experts to Discuss National Qualifications Framework for Entry-level Certified Retail Bankers

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