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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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Report: UAE GDP Registers First Annualized Contraction Since Q4 2017
August 31st, 2020 - 10:30 GMT

Report: UAE GDP Registers First Annualized Contraction Since Q4 2017

Bolstering Cybersecurity Capabilities During Covid-19 and Beyond
August 31st, 2020 - 10:29 GMT

Bolstering Cybersecurity Capabilities During Covid-19 and Beyond

Hyundai and BTS Launch Hyundai’s Dedicated EV Brand IONIQ song “IONIQ: I’m On It”
August 31st, 2020 - 10:23 GMT

Hyundai and BTS Launch Hyundai’s Dedicated EV Brand IONIQ song “IONIQ: I’m On It”

Etihad Airways and Emirates Red Crescent  Support Victims of Beirut Explosion
August 31st, 2020 - 10:05 GMT

Etihad Airways and Emirates Red Crescent Support Victims of Beirut Explosion

3 Factors Helped in Boosting the GCC Stock Markets this Month
August 31st, 2020 - 10:00 GMT

3 Factors Helped in Boosting the GCC Stock Markets this Month

Atlantis, the Palm Introduces Free In-Resort Pcr COVID-19 Tests So Guests Can Enjoy a Hassle-Free Holiday With Complete Peace of Mind
August 31st, 2020 - 09:44 GMT

Atlantis, the Palm Introduces Free In-Resort Pcr COVID-19 Tests So Guests Can Enjoy a Hassle-Free Holiday With Complete Peace of Mind

Executive Appointment: Mashreq announces Rania Nerhal as Chief Client Experience & Conduct Officer
August 31st, 2020 - 09:42 GMT

Executive Appointment: Mashreq announces Rania Nerhal as Chief Client Experience & Conduct Officer

UAE Property Deals Lure Israeli Investors
August 31st, 2020 - 09:30 GMT

UAE Property Deals Lure Israeli Investors

EgyptAir to Start Operating Daily Flights from Sharjah Soon
August 31st, 2020 - 09:00 GMT

EgyptAir to Start Operating Daily Flights from Sharjah Soon

Ooredoo’s 5G Internet Professional Plans are a Gateway to Better Business
August 31st, 2020 - 08:59 GMT

Ooredoo’s 5G Internet Professional Plans are a Gateway to Better Business

Huawei Launches Latest Digital Optix Network Solutions in the Middle East
August 31st, 2020 - 08:31 GMT

Huawei Launches Latest Digital Optix Network Solutions in the Middle East

Oman Rental Market Hit by Double Whammy: Pandemic, Low Oil Prices
August 31st, 2020 - 08:30 GMT

Oman Rental Market Hit by Double Whammy: Pandemic, Low Oil Prices

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