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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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Facebook Forms New Financial Team for Online Payments
August 11th, 2020 - 10:00 GMT

Facebook Forms New Financial Team for Online Payments

Rendering of the retail outlet in Riyadh City North
August 11th, 2020 - 09:59 GMT

Modon Signs Long-term Lease Agreement with LuLu Group International for Courtyard Mall

Trofeo: The Most Powerful Maserati Collection Ever
August 11th, 2020 - 09:42 GMT

Trofeo: The Most Powerful Maserati Collection Ever

Cardless ATM Transactions With National Bank of Oman
August 11th, 2020 - 09:34 GMT

Cardless ATM Transactions With National Bank of Oman

Bahrain: Gov't Revenues Down 29 Percent in H1 Due to Low Oil Prices
August 11th, 2020 - 09:30 GMT

Bahrain: Gov't Revenues Down 29 Percent in H1 Due to Low Oil Prices

WCM-Q Virtual Summer Program Reaches Out to Global Talent
August 11th, 2020 - 09:21 GMT

WCM-Q Virtual Summer Program Reaches Out to Global Talent

DDOS Attacks Tripled Year-On-Year in Q2 2020
August 11th, 2020 - 09:13 GMT

DDOS Attacks Tripled Year-On-Year in Q2 2020

Ferrari World Abu Dhabi Welcomes Adults at Kids’ Price Until September 30
August 11th, 2020 - 09:05 GMT

Ferrari World Abu Dhabi Welcomes Adults at Kids’ Price Until September 30

UAE- Based E-commerce Startup Eyewa Raises $2.5 Million
August 11th, 2020 - 09:00 GMT

UAE- Based E-commerce Startup Eyewa Raises $2.5 Million

New Beach Villas With Pools at Four Seasons Hotel Alexandria
August 11th, 2020 - 08:59 GMT

New Beach Villas With Pools at Four Seasons Hotel Alexandria

Ford Develops Cure for Those Road Trip Blues With Comfortable, Stylish Front Seats in All-New Ford Explorer
August 11th, 2020 - 08:47 GMT

Ford Develops Cure for Those Road Trip Blues With Comfortable, Stylish Front Seats in All-New Ford Explorer

Turkey: Turkcell, China Development Bank Sign $590 Million Loan Deal
August 11th, 2020 - 08:30 GMT

Turkey: Turkcell, China Development Bank Sign $590 Million Loan Deal

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