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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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Dubai Investments Reports Net Profit of Dh205 Million for the Six Month Period Ended June 30, 2020
August 3rd, 2020 - 07:44 GMT

Dubai Investments Reports Net Profit of Dh205 Million for the Six Month Period Ended June 30, 2020

Dubai Sports Council and Ski Dubai to Host One of the World’s First Snow Sports Competition Following COVID-19 Closures
August 3rd, 2020 - 07:37 GMT

Dubai Sports Council and Ski Dubai to Host One of the World’s First Snow Sports Competition Following COVID-19 Closures

Moody’s: Global Remittance to Plummet 20 Percent in 2020
August 3rd, 2020 - 07:30 GMT

Moody’s: Global Remittance to Plummet 20 Percent in 2020

Yas Waterworld Set to Reopen on August 4
August 3rd, 2020 - 07:13 GMT

Yas Waterworld Set to Reopen on August 4

Jobs in UAE: Here's How to Get Your Settlement While You're Stranded in Your Home Country
August 3rd, 2020 - 07:00 GMT

Jobs in UAE: Here's How to Get Your Settlement While You're Stranded in Your Home Country

Microsoft to Acquire TikTok in September
August 3rd, 2020 - 06:30 GMT

Microsoft to Acquire TikTok in September

Cadillac LYRIQ: The Journey Continues Aug. 6
August 3rd, 2020 - 06:27 GMT

Cadillac LYRIQ: The Journey Continues Aug. 6

Frontline healthcare sector workers across the country will be eligible for discounted screen services on select models and a cashback promotion through the Samsung eStore
August 3rd, 2020 - 06:03 GMT

Samsung Honors UAE's Frontline Workers

UAE: Gold Jewellery Demand Plummets 86 Percent in Q2
August 3rd, 2020 - 06:00 GMT

UAE: Gold Jewellery Demand Plummets 86 Percent in Q2

Schneider Electric exceeds their year-end target, taking their overall performance for avoiding primary resource consumption to just over 126,000 metric tons
August 3rd, 2020 - 05:32 GMT

Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Through H1 Extra-Financial Results

DMCC Invites Diamond World to Dubai With Message on Iconic Burj Khalifa
August 3rd, 2020 - 05:07 GMT

DMCC Invites Diamond World to Dubai With Message on Iconic Burj Khalifa

Resilient Company Weathering Storm of Global Public Health, Economic Crises
August 3rd, 2020 - 05:02 GMT

LG Announces Second-Quarter 2020 Financial Results

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