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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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Al Bawaba
June 7th, 2015 - 05:28 GMT

American angel investor has his eye on Iran’s startup market

Israelis shop inside a store belonging to Partner, which uses the name of French telecom company Orange, in Jerusalem on June 4, 2015. (AFP/Thomas Coex)
June 7th, 2015 - 05:11 GMT

‘There will be no boycott’ by Orange: Israeli lawmaker

New flight services to the Middle East are opening up, while others are shutting down — here are six surprising ones, past and present. (Shutterstock)
June 7th, 2015 - 04:12 GMT

Six unexpected flights to and from the Middle East

Al Bawaba
June 7th, 2015 - 03:03 GMT

Smart phones, stupid purchases: e-payments can easily lead to debt

Al Bawaba
June 7th, 2015 - 03:00 GMT

UAE firm gains approval for $1.5B Abu Dhabi retail project

The State Department approved $66 million worth of chemical and biological weapon exports to authoritarian countries during popular uprisings, a report said. (AFP/File)
June 7th, 2015 - 01:54 GMT

US increased chemical arms sales to MENA regimes: report

Al Bawaba
June 7th, 2015 - 01:30 GMT

No surprises: OPEC unanimously resists pressure to reduce output at Vienna meeting

Ramada Downtown Dubai Red Crescent Donation
June 7th, 2015 - 11:34 GMT

Ramada Downtown reinforces CSR campaigns

Emirates NBD Ras Al Khaimah branch
June 7th, 2015 - 11:27 GMT

Emirates NBD strengthens presence in Northern Emirates with opening of RAK Mall branch

Al Bawaba
June 7th, 2015 - 11:19 GMT

Khalaf Ahmad Al Habtoor holds talks with Slovak President Andrej Kiska

During the event
June 7th, 2015 - 11:10 GMT

Dubai Chamber meeting with UAE Minister of Economy highlights Companies Law

Dubai Gold & Commodities Exchange
June 7th, 2015 - 11:03 GMT

DGCX Group receives ‘Recognised Body’ Status by DFSA

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