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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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Indians With Visit Visas Can't Travel to UAE Until Further Notice
August 4th, 2020 - 06:00 GMT

Indians With Visit Visas Can't Travel to UAE Until Further Notice

345 Government and Private-Sector Officials Have Graduated from Master’s Programmes at the Mohammed bin Rashid School of Government Since Its Launch
August 4th, 2020 - 05:41 GMT

345 Government and Private-Sector Officials Have Graduated from Master’s Programmes at the Mohammed bin Rashid School of Government Since Its Launch

Enjoy a ‘Beauty Sleep’ at Hilton Dubai Jumeirah
August 4th, 2020 - 05:02 GMT

Enjoy a ‘Beauty Sleep’ at Hilton Dubai Jumeirah

Three People Charged Over Twitter's Biggest Hack
August 3rd, 2020 - 01:00 GMT

Three People Charged Over Twitter's Biggest Hack

Airbus Deliveries Plunge Nearly 50 Percent in H1 2020
August 3rd, 2020 - 12:30 GMT

Airbus Deliveries Plunge Nearly 50 Percent in H1 2020

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels
August 3rd, 2020 - 12:00 GMT

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels

Philippines' National Carrier Resumes Flights to Major Asian Destinations
August 3rd, 2020 - 11:30 GMT

Philippines' National Carrier Resumes Flights to Major Asian Destinations

Global Air Passenger Traffic Plummets Over 90 Percent in May
August 3rd, 2020 - 11:00 GMT

Global Air Passenger Traffic Plummets Over 90 Percent in May

Asia to Lose $22.5 Billion in Remittances From the Middle East
August 3rd, 2020 - 10:30 GMT

Asia to Lose $22.5 Billion in Remittances From the Middle East

Abu Dhabi University Announces Scholarship Scheme for High Achieving Students in Al Ain
August 3rd, 2020 - 10:26 GMT

Abu Dhabi University Announces Scholarship Scheme for High Achieving Students in Al Ain

BMW Group aims for most sustainable supply chain industry wide
August 3rd, 2020 - 10:19 GMT

No Premium Without Responsibility: BMW Group Makes Sustainability and Efficient Resource Management Central to Its Strategic Direction

Petrofac Inks 2-Year Contract With UK’s Neo Energy
August 3rd, 2020 - 10:00 GMT

Petrofac Inks 2-Year Contract With UK’s Neo Energy

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