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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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Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw
August 5th, 2020 - 09:11 GMT

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

BP Cuts Dividend after Registering Record $6.7 Billion Loss in Q2
August 5th, 2020 - 09:00 GMT

BP Cuts Dividend after Registering Record $6.7 Billion Loss in Q2

Hyundai Motor Group Develops Air-Conditioning Technologies to Maintain Clean Air in Vehicles
August 5th, 2020 - 08:49 GMT

Hyundai Motor Group Develops Air-Conditioning Technologies to Maintain Clean Air in Vehicles

Healthcare, financial services and technology top the list as the most expensive industries for data breaches in the Middle East
August 5th, 2020 - 08:46 GMT

2020 IBM Report: Average Cost per Data Breach Incident in the Middle East Stands at $6.53 Million

Pay homage to one of Britain’s favorite traditions at Afternoon Tea Week from 10 to 16 August, 2020 on the shores of the Arabian Gulf
August 5th, 2020 - 08:42 GMT

Celebrate Afternoon Tea Week at the Ritz-Carlton, Dubai, JBR

Qatar: Private Sector Breathes Sigh of Relief As Restrictions Ease
August 5th, 2020 - 08:30 GMT

Qatar: Private Sector Breathes Sigh of Relief As Restrictions Ease

Two Down, Four to Go: Infiniti of Arabian Automobiles Giving Away Six Q50 Cars as Part of Dubai Summer Surprises
August 5th, 2020 - 08:27 GMT

Two Down, Four to Go: Infiniti of Arabian Automobiles Giving Away Six Q50 Cars as Part of Dubai Summer Surprises

Dubai Customs Launches Siyaj (Fence) Initiative to Foster Border Security, Facilitate Trade
August 5th, 2020 - 08:15 GMT

Dubai Customs Launches Siyaj (Fence) Initiative to Foster Border Security, Facilitate Trade

Kuwait Starts Laying Off Expats Working in the Public Sector
August 5th, 2020 - 08:00 GMT

Kuwait Starts Laying Off Expats Working in the Public Sector

Dubai Retains Its Leading Position as One of the World’s Top Five Shipping Centers for the 3rd Consecutive Year
August 5th, 2020 - 07:57 GMT

Dubai Retains Its Leading Position as One of the World’s Top Five Shipping Centers for the 3rd Consecutive Year

Mercedes-Benz V-Class: Now More Innovative With MBUX
August 5th, 2020 - 07:52 GMT

Mercedes-Benz V-Class: Now More Innovative With MBUX

Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation
August 5th, 2020 - 07:45 GMT

Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation

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