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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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flydubai launches daily flights to a second airport in the Maldives flydubai launches daily flights to a second airport in the Maldives
October 12th, 2022 - 01:09 GMT

flydubai launches daily flights to a second airport in the Maldives flydubai launches daily flights to a second airport in the Maldives

Dubai Culture announces winners of the ‘Creative Innovation Challenge’
October 12th, 2022 - 01:02 GMT

Dubai Culture announces winners of the ‘Creative Innovation Challenge’

Moody's Downgrades 5 Pakistani Banks' Ratings
October 12th, 2022 - 11:42 GMT

Moody's Downgrades 5 Pakistani Banks' Ratings

UAE to Manufacture $777m Flying Bike
October 12th, 2022 - 11:17 GMT

UAE to Manufacture $777m Flying Bike

Dubai-Based Bank First to Recruit via Metaverse
October 12th, 2022 - 11:11 GMT

Dubai-Based Bank First to Recruit via Metaverse

Oman Oil Marketing Company Conducts Emergency Exercise at SOHAR Port Station
October 12th, 2022 - 10:21 GMT

Oman Oil Marketing Company Conducts Emergency Exercise at SOHAR Port Station

Industry leaders highlight Dubai’s top competitive advantages for digital startups: GITEX Global 2022
October 12th, 2022 - 10:10 GMT

Industry leaders highlight Dubai’s top competitive advantages for digital startups: GITEX Global 2022

Bayut & dubizzle, a part of the UAE’s Homegrown Unicorn are now Great Place to Work Certified!
October 12th, 2022 - 10:07 GMT

Bayut & dubizzle, a part of the UAE’s Homegrown Unicorn are now Great Place to Work Certified!

Alef Group Announces the Opening of the New Alef Sales Pavilion in Al Mamsha with an Exclusive Units Release in “Arim 3” of Hayyan Project.
October 12th, 2022 - 09:51 GMT

Alef Group Announces the Opening of the New Alef Sales Pavilion in Al Mamsha with an Exclusive Units Release in “Arim 3” of Hayyan Project.

Full programme of literature, thought and creativity with ‘Reading Box’ at City Centre Mirdif
October 12th, 2022 - 09:10 GMT

Full programme of literature, thought and creativity with ‘Reading Box’ at City Centre Mirdif

Vezeeta Reaches Profitability Milestone and Closes a New Growth Capital Funding Round, led by Gulf Capital with Participation from VNV Global
October 12th, 2022 - 08:58 GMT

Vezeeta Reaches Profitability Milestone and Closes a New Growth Capital Funding Round, led by Gulf Capital with Participation from VNV Global

Ooredoo’s innovative Technology Solutions wins Middle East Technology Excellence Awards 2022
October 12th, 2022 - 08:41 GMT

Ooredoo’s innovative Technology Solutions wins Middle East Technology Excellence Awards 2022

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