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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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JP Morgan Chase Cuts Ties with Kanye West
October 16th, 2022 - 08:30 GMT

JP Morgan Chase Cuts Ties with Kanye West

World Food Day: Cultivating a culture of giving
October 16th, 2022 - 08:26 GMT

World Food Day: Cultivating a culture of giving

du concludes successful participation at GITEX Global 2022 with breakthrough innovations to shape the Emirates reality
October 16th, 2022 - 08:18 GMT

du concludes successful participation at GITEX Global 2022 with breakthrough innovations to shape the Emirates reality

UAE: Lulu Group Set for IPO in 2023
October 16th, 2022 - 07:58 GMT

UAE: Lulu Group Set for IPO in 2023

Lexus Reveals Stellar Lineup of Judges and Mentors for 2023 Lexus Design Award
October 16th, 2022 - 07:51 GMT

Lexus Reveals Stellar Lineup of Judges and Mentors for 2023 Lexus Design Award

Dell Technologies Transforms the Edge With Project Frontier Software Platform
October 16th, 2022 - 07:35 GMT

Dell Technologies Transforms the Edge With Project Frontier Software Platform

Azizi Developments continues to grow in its digital transformation journey
October 16th, 2022 - 07:25 GMT

Azizi Developments continues to grow in its digital transformation journey

Samer Majali Awarded Distinguished Aviation Alumni Award Winner 2022
October 16th, 2022 - 07:14 GMT

Samer Majali Awarded Distinguished Aviation Alumni Award Winner 2022

Federal Tax Authority concludes successful participation in GITEX Global 2022
October 16th, 2022 - 07:06 GMT

Federal Tax Authority concludes successful participation in GITEX Global 2022

Huawei and IEEE UAE Section Jointly Release L3.5 Data Center Autonomous Driving Network White Paper
October 16th, 2022 - 07:03 GMT

Huawei and IEEE UAE Section Jointly Release L3.5 Data Center Autonomous Driving Network White Paper

IMF, Tunisia Reach Deal on $1.9 Billion Loan
October 16th, 2022 - 07:00 GMT

IMF, Tunisia Reach Deal on $1.9 Billion Loan

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior
October 16th, 2022 - 06:58 GMT

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior

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