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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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Launch of Mobile Banking App Marks New Chapter in Al Salam Bank’s Digitization Journey
August 19th, 2020 - 05:14 GMT

Launch of Mobile Banking App Marks New Chapter in Al Salam Bank’s Digitization Journey

Shaker Group Achieves Net Profit for 1H 2020
August 19th, 2020 - 04:54 GMT

Shaker Group Achieves Net Profit for 1H 2020

Etihad Airways To Operate Special Flights From Abu Dhabi To Bengaluru, Delhi, and Mumbai
August 19th, 2020 - 04:44 GMT

Etihad Airways To Operate Special Flights From Abu Dhabi To Bengaluru, Delhi, and Mumbai

What Are the Effects of UAE-Israeli Normalization on the Economy of Both Countries?
August 18th, 2020 - 03:00 GMT

What Are the Effects of UAE-Israeli Peace Deal on the Economy of Both Countries?

Oman Fulfills 100 Percent of Trade Facilitation Agreement's Requirements
August 18th, 2020 - 02:00 GMT

Oman Fulfills 100 Percent of Trade Facilitation Agreement's Requirements

Fortnite Fighting for Its Life in Apple's App Store
August 18th, 2020 - 01:30 GMT

Fortnite Fighting for Its Life in Apple's App Store

Tesla Stock Registers New Record High, Company Valued at $342 Billion
August 18th, 2020 - 01:30 GMT

Tesla Stock Registers New Record High, Company Valued at $342 Billion

UAE: Constant Price GDP Exceeds $100 Billion in Q1
August 18th, 2020 - 01:00 GMT

UAE: Constant Price GDP Exceeds $100 Billion in Q1

UAE, Israeli Stem Cells Centres Ink Collaboration Agreement
August 18th, 2020 - 12:00 GMT

UAE, Israeli Stem Cells Centres Ink Collaboration Agreement

Expanding Qatar’s Solar Vision at QF
August 18th, 2020 - 11:37 GMT

Expanding Qatar’s Solar Vision at QF

Emirati Businessman in Discussions with Israeli Airline Israir to Launch Flights for Tourists
August 18th, 2020 - 11:30 GMT

Emirati Businessman in Discussions with Israeli Airline Israir to Launch Flights for Tourists

Up to 80% discount on devices and accessories with SmartPay options, up to AED100 cashback for purchases via eWallet
August 18th, 2020 - 11:28 GMT

Etisalat Celebrates Dubai Summer Surprises With Exciting Deals and Discounts

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