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BUSINESS

BUSINESS 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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TikTok Among Top Downloaded Apps in GCC
September 1st, 2020 - 08:00 GMT

TikTok Among Top Downloaded Apps in GCC

AXA Gulf Appoints Sonja Louise de Pattenden as Regional Employee Benefits Business Development Director
September 1st, 2020 - 07:42 GMT

AXA Gulf Appoints Sonja Louise de Pattenden as Regional Employee Benefits Business Development Director

DMCC and Emirates NBD Partner To Boost Ease of Doing Business in Dubai
September 1st, 2020 - 07:36 GMT

DMCC and Emirates NBD Partner To Boost Ease of Doing Business in Dubai

Egypt Inks First $2 Billion Islamic, Conventional Loan
September 1st, 2020 - 07:30 GMT

Egypt Inks First $2 Billion Islamic, Conventional Loan

Al Bustan Palace, a Ritz-Carlton Hotel, Re-Opens Its Doors With Staycation Packages for the Whole Family
September 1st, 2020 - 07:16 GMT

Al Bustan Palace, a Ritz-Carlton Hotel, Re-Opens Its Doors With Staycation Packages for the Whole Family

India Witnesses Worst Economic Performance in At Least 24 Years
September 1st, 2020 - 07:00 GMT

India Witnesses Worst Economic Performance in At Least 24 Years

IATA: ME Carriers Register 14.9 Percent Plunge in July Cargo
September 1st, 2020 - 06:30 GMT

IATA: ME Carriers Register 14.9 Percent Plunge in July Cargo

4 Key Trends that Drive Demand for Flexible Space in ME
September 1st, 2020 - 06:00 GMT

4 Key Trends that Drive Demand for Flexible Space in ME

Siemens Energy and Kineticor advance Canada’s Decarbonization Efforts
September 1st, 2020 - 05:32 GMT

Siemens Energy and Kineticor Advance Canada’s Decarbonization Efforts

Bayt.com Survey: 87% of MENA Professionals Anticipate a Rise in Virtual Job Fairs
September 1st, 2020 - 05:09 GMT

Bayt.com Survey: 87% of MENA Professionals Anticipate a Rise in Virtual Job Fairs

12 Facts You Need to Know About the Indian Billionaire Who Fled the UAE
August 31st, 2020 - 03:00 GMT

12 Facts You Need to Know About the Indian Billionaire Who Fled the UAE

Huawei Focuses on Its Cloud Computing Business to 'Secure Survival' Amid US Crackdown
August 31st, 2020 - 02:00 GMT

Huawei Focuses on Its Cloud Computing Business to 'Secure Survival' Amid US Crackdown

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