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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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UAE, Israeli companies Ink Partnership to Combat COVID-19
August 16th, 2020 - 07:00 GMT

UAE, Israeli companies Ink Partnership to Combat COVID-19

Adnoc Mulls Expanding Into the Indian Lubricant Market
August 16th, 2020 - 06:30 GMT

Adnoc Mulls Expanding Into the Indian Lubricant Market

Summer Staycations Just Got More Rewarding at Ramada Downtown Dubai
August 16th, 2020 - 06:05 GMT

Summer Staycations Just Got More Rewarding at Ramada Downtown Dubai

UAE's Major 13 Banks Record 60 Percent Y-o-Y Decline in Net Profit in H1
August 16th, 2020 - 06:00 GMT

UAE's Major 13 Banks Record 60 Percent Y-o-Y Decline in Net Profit in H1

Agility Reports KD 16.2 Million Net Profit for the first 6 months of 2020
August 16th, 2020 - 05:09 GMT

Agility Reports KD 16.2 Million Net Profit for the first 6 months of 2020

This Why The Economic Corridor between China Pakistan is a Game-Changer
August 15th, 2020 - 05:22 GMT

This Why The Economic Corridor between China Pakistan is a Game-Changer

UAE: Emirates Creates Emergency Airbridge between Dubai, Lebanon
August 15th, 2020 - 05:13 GMT

UAE: Emirates Creates Emergency Airbridge between Dubai, Lebanon

What Is Neobanking and Has It Arrived at the GCC Yet?
August 13th, 2020 - 03:00 GMT

What Is Neobanking and Has It Arrived at the GCC Yet?

WHO Appeals for $76 Million to Aid Blast-Stricken Lebanon
August 13th, 2020 - 01:00 GMT

WHO Appeals for $76 Million to Aid Blast-Stricken Lebanon

Step Up Your Marketing Game with These 12 Video Tools
August 13th, 2020 - 12:30 GMT

Step Up Your Marketing Game with These 12 Video Tools

UAE: Abu Dhabi's Biggest Islamic Bank Reports H1 Net Profit of $160 Million
August 13th, 2020 - 12:00 GMT

UAE: Abu Dhabi's Biggest Islamic Bank Reports H1 Net Profit of $160 Million

Etisalat Ready to Serve the ‘New Normal’ Accelerating Digital Transformation and Adoption
August 13th, 2020 - 11:53 GMT

Etisalat Ready to Serve the ‘New Normal’ Accelerating Digital Transformation and Adoption

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