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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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SpaceX Launches 58 New Starlink Satellites Using the Same Booster
August 19th, 2020 - 10:00 GMT

SpaceX Launches 58 New Starlink Satellites Using the Same Booster

Phishing Goes Targeted and Diversifies During COVID-19 Outbreak With 67,581 Attacks in Q2 in Bahrain
August 19th, 2020 - 09:53 GMT

Phishing Goes Targeted and Diversifies During COVID-19 Outbreak With 67,581 Attacks in Q2 in Bahrain

Abu Dhabi University Well-Equipped for a Hybrid Education Model
August 19th, 2020 - 09:47 GMT

Abu Dhabi University Well-Equipped for a Hybrid Education Model

In for the Long Haul: Ford Ranger Achieves More Than 1,250 KM on a Single Tank of Diesel
August 19th, 2020 - 09:36 GMT

In for the Long Haul: Ford Ranger Achieves More Than 1,250 KM on a Single Tank of Diesel

Here's What Bill Gates Thinks of the COVID-19 Vaccine
August 19th, 2020 - 09:30 GMT

Here's What Bill Gates Thinks of the COVID-19 Vaccine

9th Annual EmiratesGBC Congress and MENA Green Building Awards To Be Held on Nov. 17 & 18 in Dubai;  Extends Deadline for Award Entries
August 19th, 2020 - 09:27 GMT

9th Annual EmiratesGBC Congress and MENA Green Building Awards To Be Held on Nov. 17 & 18 in Dubai; Extends Deadline for Award Entries

IMA, Deloitte Publish Report on Intersection of Technology and Finance
August 19th, 2020 - 09:09 GMT

IMA, Deloitte Publish Report on Intersection of Technology and Finance

Sharjah Islamic Bank wins the Sharjah Award for Voluntary Work
August 19th, 2020 - 09:02 GMT

Sharjah Islamic Bank wins the Sharjah Award for Voluntary Work

Report: Economies of Arab Oil Exporters to Shrink by 4.7 Percent
August 19th, 2020 - 09:00 GMT

Report: Economies of Arab Oil Exporters to Shrink by 4.7 Percent

Ooredoo Nationwide Rollout 5G Home Internet Plan on Schedule
August 19th, 2020 - 08:55 GMT

Ooredoo Nationwide Rollout 5G Home Internet Plan on Schedule

Azizi Developments Celebrates Groundbreaking Ceremony at Its Avenue Community in MBR City
August 19th, 2020 - 08:30 GMT

Azizi Developments Celebrates Groundbreaking Ceremony at Its Avenue Community in MBR City

Indonesia Posts $3.26 Billion Trade Surplus, Biggest in 9 Years
August 19th, 2020 - 08:30 GMT

Indonesia Posts $3.26 Billion Trade Surplus, Biggest in 9 Years

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