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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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Kohlberg and Mubadala Sign a Definitive Agreement To Acquire Majority Stake in PCI Pharma Services
August 25th, 2020 - 05:23 GMT

Kohlberg and Mubadala Sign a Definitive Agreement To Acquire Majority Stake in PCI Pharma Services

Ministry of Economy Discusses Plans With SCTDA To Boost Tourism
August 25th, 2020 - 05:11 GMT

Ministry of Economy Discusses Plans With SCTDA To Boost Tourism

Which MENA Economies Have Been Subject to US Sanctions?
August 24th, 2020 - 03:00 GMT

Which MENA Economies Have Been Subject to US Sanctions?

Opinion: COVID-19 Caused 'Most Synchronised 'Economic Crisis in history
August 24th, 2020 - 01:30 GMT

Opinion: COVID-19 Caused 'Most Synchronised 'Economic Crisis in history

Aramco Establishes New Corporate Development Organisation
August 24th, 2020 - 01:00 GMT

Aramco Establishes New Corporate Development Organisation

Lufthansa Group Paid $2.7 Billion in Ticket Refunds
August 24th, 2020 - 12:30 GMT

Lufthansa Group Paid $2.7 Billion in Ticket Refunds

UAE: Dubai Number Plates Auction Generates $9.8 Million
August 24th, 2020 - 12:00 GMT

UAE: Dubai Number Plates Auction Generates $9.8 Million

CargoGulf Links Arabian Gulf with SE Asia with a New Container Liner Service
August 24th, 2020 - 11:30 GMT

CargoGulf Links Arabian Gulf with SE Asia with a New Container Liner Service

Remote Working Heightens the Threat of Cyberattacks on Emerging Markets
August 24th, 2020 - 11:00 GMT

Remote Working Heightens the Threat of Cyberattacks on Emerging Markets

VMware Enhances Self-Driving Operations and Programmable Automation With Updates Across Vrealize Cloud Management
August 24th, 2020 - 10:34 GMT

VMware Enhances Self-Driving Operations and Programmable Automation With Updates Across Vrealize Cloud Management

What's The Shape of The Upcoming Economic Recovery?
August 24th, 2020 - 10:30 GMT

What's The Shape of The Upcoming Economic Recovery?

Stay productive, connected, and healthy in this new era with Samsung’s newest Galaxy wearables
August 24th, 2020 - 10:20 GMT

Galaxy watch3 and Galaxy Buds Live Now Available

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