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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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Chinese COVID-19 Vaccine May Be Released by Christmas for Less Than $135
August 19th, 2020 - 12:00 GMT

Chinese COVID-19 Vaccine May Be Released by Christmas for Less Than $135

Restructuring Supply Chains Could Cost $1 Trillion Over 5 Years
August 19th, 2020 - 11:30 GMT

Restructuring Supply Chains Could Cost $1 Trillion Over 5 Years

Paving the Way for Fossil-Free Commercial Heavy Transport
August 19th, 2020 - 11:27 GMT

Paving the Way for Fossil-Free Commercial Heavy Transport

Renault of Arabian Automobiles Embraces the Bold and the Stylish Duster Sport & Urban
August 19th, 2020 - 11:11 GMT

Renault of Arabian Automobiles Embraces the Bold and the Stylish Duster Sport & Urban

UAE: National Banks’ Assets Soar to $816 Billion in H1 2020
August 19th, 2020 - 11:00 GMT

UAE: National Banks’ Assets Soar to $816 Billion in H1 2020

Dubai Customs Virtual Summer Training Program Qualifies 1,179 Students for Job Market
August 19th, 2020 - 10:53 GMT

Dubai Customs Virtual Summer Training Program Qualifies 1,179 Students for Job Market

Dubai Economy Seeks To Promote Consumer Awareness in Free Zones During ‘Market Dialogue’
August 19th, 2020 - 10:45 GMT

Dubai Economy Seeks To Promote Consumer Awareness in Free Zones During ‘Market Dialogue’

Dubai Investments Sustainability Initiative Lights up Emirates Float Glass Premises With Led Lights
August 19th, 2020 - 10:38 GMT

Dubai Investments Sustainability Initiative Lights up Emirates Float Glass Premises With LED Lights

Haftar Lifts Blockade on Oil Production In Libya
August 19th, 2020 - 10:30 GMT

Haftar Lifts Blockade on Oil Production In Libya

Dubai Sports Council Sign MOU With Dubai Corporation for Ambulance Services
August 19th, 2020 - 10:24 GMT

Dubai Sports Council Sign MOU With Dubai Corporation for Ambulance Services

Qatar National Library Panel Discussion Explores Changes To Library Services Across the World During the Pandemic
August 19th, 2020 - 10:16 GMT

Qatar National Library Panel Discussion Explores Changes To Library Services Across the World During the Pandemic

Smart Dubai’s Artificial Intelligence Ethics Advisory Board Convenes for Its 2nd Meeting for 2020, Explores Next Steps
August 19th, 2020 - 10:04 GMT

Smart Dubai’s Artificial Intelligence Ethics Advisory Board Convenes for Its 2nd Meeting for 2020, Explores Next Steps

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