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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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COVID-19 Wipes up to $1.2 Trillion off the World’s Tourism Industry Investments
August 26th, 2020 - 06:30 GMT

COVID-19 Wipes up to $1.2 Trillion off the World’s Tourism Industry Investments

Ramada Hotel & Suites Dubai JBR Launches Spa, Beauty, and Adventure Package
August 26th, 2020 - 06:25 GMT

Ramada Hotel & Suites Dubai JBR Launches Spa, Beauty, and Adventure Package

More Than Seven Million Vehicles With All-Electric or Plug-In Hybrid Drive Systems by the Year 2030
August 26th, 2020 - 06:10 GMT

More Than Seven Million Vehicles With All-Electric or Plug-In Hybrid Drive Systems by the Year 2030

Lebanon: CB Chief Claims Depositors’ Money is Still Available
August 26th, 2020 - 06:00 GMT

Lebanon: CB Chief Claims Depositors’ Money is Still Available

As temperatures soar across the Gulf, homeowners can stay cool, while enjoying energy savings of up to 65 percent using LG’s DUALCOOL ACs
August 26th, 2020 - 05:35 GMT

Maximizing Comfort at Home With an Advanced Air Cooling System

Solid Progress Across Aldar’s Developments in Previous Quarter With Yas Acres Handovers Continuing at Pace
August 26th, 2020 - 05:21 GMT

Solid Progress Across Aldar’s Developments in Previous Quarter With Yas Acres Handovers Continuing at Pace

Research Competition Engages Georgetown Students in COVID-19 Research During Summer at QF
August 26th, 2020 - 05:10 GMT

Research Competition Engages Georgetown Students in COVID-19 Research During Summer at QF

Huawei’s Petal Search Widget Find Apps Is Your Gateway To a Million Apps
August 26th, 2020 - 05:00 GMT

Huawei’s Petal Search Widget Find Apps Is Your Gateway To a Million Apps

Bahrain Islamic Bank Wins Award for ‘Best Corporate Social Responsible Bank Bahrain’ and ‘Most Innovative Retail Bank Product Bahrain’
August 26th, 2020 - 04:39 GMT

Bahrain Islamic Bank Wins Award for ‘Best Corporate Social Responsible Bank Bahrain’ and ‘Most Innovative Retail Bank Product Bahrain’

Are UAE Companies Becoming More Flexible Post COVID-19?
August 25th, 2020 - 03:00 GMT

Are UAE Companies Becoming More Flexible Post COVID-19?

US: Bankruptcy Filings in 2020 Surpasses those in 2009
August 25th, 2020 - 01:30 GMT

US: Bankruptcy Filings in 2020 Surpasses those in 2009

Oman: Expats with Expired Residency Visas Can Enter the Country Again
August 25th, 2020 - 01:00 GMT

Oman: Expats with Expired Residency Visas Can Enter the Country Again

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