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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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Saud Bahwan Group Signs on as Strategic Partner for 2024 AIM Congress in Abu Dhabi
May 2nd, 2024 - 03:48 GMT

Saud Bahwan Group Signs on as Strategic Partner for 2024 AIM Congress in Abu Dhabi

UAE thunderstorm causes several airlines to cancel flights, official warnings issued 2 weeks after Dubai flood
May 2nd, 2024 - 02:08 GMT

UAE thunderstorm causes several airlines to cancel flights, official warnings issued 2 weeks after Dubai flood

Third of Americans’ health data potentially stolen in massive hack, UnitedHealth CEO reveals
May 2nd, 2024 - 01:15 GMT

Third of Americans’ health data potentially stolen in massive hack, UnitedHealth CEO reveals

Google
May 2nd, 2024 - 12:03 GMT

Google reduces workforce by 200, moves jobs to Mexico and India

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE
May 2nd, 2024 - 11:32 GMT

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange
May 2nd, 2024 - 11:27 GMT

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair
May 2nd, 2024 - 11:19 GMT

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair

Emirates NBD organises community awareness event focusing on safe banking practices for labourers
May 2nd, 2024 - 11:17 GMT

Emirates NBD organises community awareness event focusing on safe banking practices for labourers

Saudi banks
May 2nd, 2024 - 09:09 GMT

Saudi banks’ funding profile changes on rising mortgage demand

PureHealth
May 2nd, 2024 - 08:57 GMT

PureHealth ears triple digit net profit growth to AED491 million in Q1

AI platforms
May 2nd, 2024 - 08:35 GMT

Around 76% of companies are re-evaluating AI platforms

Saudi Arabia
May 2nd, 2024 - 08:18 GMT

Saudi Arabia and China discuss collaboration in urban development

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