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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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Azizi Developments’ Creek Views I Reaches 45% Construction  Milestone
August 27th, 2020 - 09:21 GMT

Azizi Developments’ Creek Views I Reaches 45% Construction Milestone

India Inaugurates Oil and Gas Projects worth $78 Billion
August 27th, 2020 - 09:00 GMT

India Inaugurates Oil and Gas Projects worth $78 Billion

Millennium Hotels and Resorts MEA Expands in Qatar
August 27th, 2020 - 08:57 GMT

Millennium Hotels and Resorts MEA Expands in Qatar

World Economic Forum Annual Meeting Postponed to Summer 2021
August 27th, 2020 - 08:30 GMT

World Economic Forum Annual Meeting Postponed to Summer 2021

Egypt: UNWTO Supports Safe Restart of Tourism
August 27th, 2020 - 08:00 GMT

Egypt: UNWTO Supports Safe Restart of Tourism

To Mark International Dog Day, Ras Al Khaimah Unveils Its Best Adventures for You and Your Four-Legged Best Friend
August 27th, 2020 - 07:30 GMT

To Mark International Dog Day, Ras Al Khaimah Unveils Its Best Adventures for You and Your Four-Legged Best Friend

Traveling from India? Now You Can Book Directly with Airlines
August 27th, 2020 - 07:30 GMT

Traveling from India? Now You Can Book Directly with Airlines

Emirates To Resume Flights To Bangkok From 1 September
August 27th, 2020 - 07:20 GMT

Emirates To Resume Flights To Bangkok From 1 September

FedEx Delivers $11 Million Worth Emergency Supplies to Lebanon
August 27th, 2020 - 07:00 GMT

FedEx Delivers $11 Million Worth Emergency Supplies to Lebanon

Ooredoo’s Chief Financial Officer Abdul Razzaq Al Balushi, Named One of the Region’s Top CFOS by New-Age Finance and Accounting
August 27th, 2020 - 06:56 GMT

Ooredoo’s Chief Financial Officer Abdul Razzaq Al Balushi, Named One of the Region’s Top CFOS by New-Age Finance and Accounting

Bahrain: BBK in Talks to Acquire Ithmaar Bank
August 27th, 2020 - 06:30 GMT

Bahrain: BBK in Talks to Acquire Ithmaar Bank

ENBD REIT Announces Q1 Nav of $215 Million;  Balance Sheet and Cash Flows Healthy While Cost Controls Mitigate Pressures
August 27th, 2020 - 06:28 GMT

ENBD REIT Announces Q1 NAV of $215 Million; Balance Sheet and Cash Flows Healthy While Cost Controls Mitigate Pressures

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