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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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DMCC’s Crypto Centre Partners With Global VC Firm Brinc To Provide Members With Access to USD 150 Million Accelerator Fund
October 11th, 2022 - 08:27 GMT

DMCC’s Crypto Centre Partners With Global VC Firm Brinc To Provide Members With Access to USD 150 Million Accelerator Fund

OECD Releases Global Framework for Crypto Assets
October 11th, 2022 - 08:25 GMT

OECD Releases Global Framework for Crypto Assets

Vodafone and Ericsson Facilitate Data-driven Decisions With AI-based Solutions in Oman
October 11th, 2022 - 08:09 GMT

Vodafone and Ericsson Facilitate Data-driven Decisions With AI-based Solutions in Oman

Schiphol Airport Faces Chaos Due to Staff Reductions
October 11th, 2022 - 07:54 GMT

Schiphol Airport Faces Chaos Due to Staff Reductions

Global tech leaders unpack the true value and impact of the Web 3.0 economy at GITEX GLOBAL 2022
October 11th, 2022 - 07:50 GMT

Global tech leaders unpack the true value and impact of the Web 3.0 economy at GITEX GLOBAL 2022

Cadillac and e& Collaborate to Bring the Coveted ‘Car of The Future’ to GITEX 2022: Introducing the InnerSpace Concept
October 11th, 2022 - 07:44 GMT

Cadillac and e& Collaborate to Bring the Coveted ‘Car of The Future’ to GITEX 2022: Introducing the InnerSpace Concept

ADGM Academy Launches the School of Law
October 11th, 2022 - 07:28 GMT

ADGM Academy Launches the School of Law

CPX Holding and Huawei to collaborate in strengthening the UAE's cybersecurity ecosystem
October 11th, 2022 - 07:11 GMT

CPX Holding and Huawei to collaborate in strengthening the UAE's cybersecurity ecosystem

Microsoft Cloud set to add US$39 billion to UAE economy and generate almost 100,000 jobs: study
October 11th, 2022 - 07:00 GMT

Microsoft Cloud set to add US$39 billion to UAE economy and generate almost 100,000 jobs: study

Siemens Healthineers hosts second consecutive Innovation Think Tank Certification Program to address access to healthcare in Egypt
October 11th, 2022 - 06:57 GMT

Siemens Healthineers hosts second consecutive Innovation Think Tank Certification Program to address access to healthcare in Egypt

Aruba Signs MoU with P&O Maritime Logistics to Support Digital Transformation
October 11th, 2022 - 06:39 GMT

Aruba Signs MoU with P&O Maritime Logistics to Support Digital Transformation

Etihad Airways Launches Inaugural Flight to Guangzhou
October 11th, 2022 - 06:31 GMT

Etihad Airways Launches Inaugural Flight to Guangzhou

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