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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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Emirates kicks off ATM: signs MoUs with Tourism Boards of Malaysia and Turkey, and Abu Dhabi Chamber of Commerce
May 7th, 2024 - 04:42 GMT

Emirates kicks off ATM: signs MoUs with Tourism Boards of Malaysia and Turkey, and Abu Dhabi Chamber of Commerce

PwC Middle East announces strategic collaboration with Orgvue to enhance workforce transformation services
May 7th, 2024 - 04:12 GMT

PwC Middle East announces strategic collaboration with Orgvue to enhance workforce transformation services

Carnegie Mellon Qatar celebrates largest graduating class in campus history
May 7th, 2024 - 03:52 GMT

Carnegie Mellon Qatar celebrates largest graduating class in campus history

Increase of 29% in Saudi Arabia's domestic tourism in Q1 2024 continues consistent trend
May 6th, 2024 - 08:28 GMT

Increase of 29% in Saudi Arabia's domestic tourism in Q1 2024 continues consistent trend

Tesla layoffs continue for the 4th week in a row, plans to fire 10% of workforce
May 6th, 2024 - 07:01 GMT

Tesla layoffs continue for the 4th week in a row, plans to fire 10% of workforce

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

shares
May 6th, 2024 - 10:36 GMT

Saudi Rasan to offer 30% shares for IPO on Tadawul

World food
May 6th, 2024 - 10:01 GMT

World food prices up in April for the second month

gold
May 6th, 2024 - 09:33 GMT

Gold experts say AI predict gold hitting $3,000 by year-end

imports
May 6th, 2024 - 08:25 GMT

Saudi Arabia’s car imports rise to 160k over last 2 years

Dr. Rawda Awwad, AUK President , with the Burgan Talent Acquisition Team
May 6th, 2024 - 08:23 GMT

Burgan Bank Renews its Participation in AUK’s Career Growth Fair

Azizi Developments partners with UAE’s Al Gurg Consultants for Venice
May 6th, 2024 - 08:20 GMT

Azizi Developments partners with UAE’s Al Gurg Consultants for Venice

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