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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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FAB issues largest Chinese Yuan denominated dual-listed Formosa bond globally
August 4th, 2020 - 09:47 GMT

FAB issues largest Chinese Yuan denominated dual-listed Formosa bond globally

Global Tourism & Leisure Financing Deals Exceed $1 Billion in Q2 2020
August 4th, 2020 - 09:30 GMT

Global Tourism & Leisure Financing Deals Exceed $1 Billion in Q2 2020

UNWTO Urges Touristic Destinations to be Accessible for All
August 4th, 2020 - 09:00 GMT

UNWTO Urges Touristic Destinations to be Accessible for All

LG Launches Thinq App in Arabic to Elevate Smart Home Experience
August 4th, 2020 - 08:51 GMT

LG Launches Thinq App in Arabic to Elevate Smart Home Experience

What Are the Repercussions of a US-TikTok Standoff?
August 4th, 2020 - 08:30 GMT

What Are the Repercussions of a US-TikTok Standoff?

Etihad Airways Introduces Microbebarrier™ Face Protection for Premium Passengers
August 4th, 2020 - 08:19 GMT

Etihad Airways Introduces Microbebarrier™ Face Protection for Premium Passengers

Abu Dhabi Securities Exchange (ADX) announces listing of Mamoura Diversified Global Holding’s bonds
August 4th, 2020 - 08:01 GMT

Abu Dhabi Securities Exchange (ADX) announces listing of Mamoura Diversified Global Holding’s bonds

US: CEOs of Large Companies Urge Congress to Provide Small Businesses with Rescue Aid
August 4th, 2020 - 08:00 GMT

US: CEOs of Large Companies Urge Congress to Provide Small Businesses with Rescue Aid

Network International powers Careem’s digital payments initiative
August 4th, 2020 - 07:38 GMT

Network International powers Careem’s digital payments initiative

India: Sensex Surge Over 300 Points, Nifty50 Up by Almost 85 Points
August 4th, 2020 - 07:30 GMT

India: Sensex Surge Over 300 Points, Nifty50 Up by Almost 85 Points

Air Arabia Abu Dhabi Adds Two New Destinations in Asia
August 4th, 2020 - 07:00 GMT

Air Arabia Abu Dhabi Adds Two New Destinations in Asia

NMC Health Secures $250 Million Funds Despite Financial Scandals
August 4th, 2020 - 06:30 GMT

NMC Health Secures $250 Million Funds Despite Financial Scandals

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