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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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IATA: Mideast Airlines Register 92.3% Demand Plunge in August
September 30th, 2020 - 09:00 GMT

IATA: Mideast Airlines Register 92.3% Demand Plunge in August

Sweden's Largest Fuel Company Halts Planned Oil Refinery Expansion
September 30th, 2020 - 08:30 GMT

Sweden's Largest Fuel Company Halts Planned Oil Refinery Expansion

UK: Uber Wins Court Appeal, Gets 18-Month License
September 30th, 2020 - 08:00 GMT

UK: Uber Wins Court Appeal, Gets 18-Month License

France Aims at Saving Deteriorating Economy by Injecting $49 Billion Stimulus In 2021
September 30th, 2020 - 07:30 GMT

France Aims at Saving Deteriorating Economy by Injecting $49 Billion Stimulus In 2021

UAE Launches Satellite MeznSat from Russia Into Space
September 30th, 2020 - 07:00 GMT

UAE Launches Satellite MeznSat from Russia Into Space

Saudi Arabia: Tourism Development Fund Inks $43 Billion Agreement for Tourism Projects
September 30th, 2020 - 06:30 GMT

Saudi Arabia: Tourism Development Fund Inks $43 Billion Agreement for Tourism Projects

Saudi Arabia Mulls Resuming Tourist Visas Early 2021
September 30th, 2020 - 06:00 GMT

Saudi Arabia Mulls Resuming Tourist Visas Early 2021

Is AI The Way To Save Your Business?
September 29th, 2020 - 03:00 GMT

Is AI The Way To Save Your Business?

Facebook Launches #LoveLocal Initiative to Support SMBs in MENA
September 29th, 2020 - 01:00 GMT

Facebook Launches #LoveLocal Initiative to Support SMBs in MENA

WB: Pandemic to Plunge Growth in Asia to Lowest in 50 Years
September 29th, 2020 - 12:30 GMT

WB: Pandemic to Plunge Growth in Asia to Lowest in 50 Years

Bahrain Extends US Citizens' Visas to 10-Year
September 29th, 2020 - 12:00 GMT

Bahrain Extends US Citizens' Visas to 10-Year

UAE's EPI to Produce Boeing 787 Parts Locally
September 29th, 2020 - 11:30 GMT

UAE's EPI to Produce Boeing 787 Parts Locally

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