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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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Lebanon: Banks to Cap Interest Rates on Deposits
December 5th, 2019 - 07:30 GMT

Lebanon: Banks to Cap Interest Rates on Deposits

DMCC and Diamond Bourse of Italy Discuss Future of Trade on UAE National Day
December 5th, 2019 - 07:06 GMT

DMCC and Diamond Bourse of Italy Discuss Future of Trade on UAE National Day

Oman Oil Co to List up to 25 Percent of Shares in IPO in 2020
December 4th, 2019 - 02:30 GMT

Oman Oil Co to List up to 25 Percent of Shares in IPO in 2020

ITFC to Grant Egypt $1.1 Billion to Facilitate Imports of Commodities in 2020
December 4th, 2019 - 02:00 GMT

ITFC to Grant Egypt $1.1 Billion to Facilitate Imports of Commodities in 2020

France Threatens US After Trump's Announcement on Imposing Tariffs on French Goods
December 4th, 2019 - 01:30 GMT

France Threatens US After Trump's Announcement on Imposing Tariffs on French Goods

US Mulls Banning Huawei from US Banking System
December 4th, 2019 - 01:00 GMT

US Mulls Banning Huawei from US Banking System

FTA Signs Strategic Partnership Agreement With SAAED for Traffic Systems to Conduct Road Transport Inspection Services
December 4th, 2019 - 12:48 GMT

FTA Signs Strategic Partnership Agreement With SAAED for Traffic Systems to Conduct Road Transport Inspection Services

Financial Threats in 2020: Fintech, Mobile Banking and E-Commerce Are in the Crosshairs
December 4th, 2019 - 12:38 GMT

Financial Threats in 2020: Fintech, Mobile Banking and E-Commerce Are in the Crosshairs

Egypt: Activity in Non-Oil Private Sector Plummets to Its Lowest in More Than Two Years
December 4th, 2019 - 12:30 GMT

Egypt: Activity in Non-Oil Private Sector Plummets to Its Lowest in More Than Two Years

Sharjah Media City (Shams) recognizes UAE Entertainment Experience by hosting an Awards Ceremony
December 4th, 2019 - 12:12 GMT

Sharjah Media City (Shams) recognizes UAE Entertainment Experience by hosting an Awards Ceremony

Submissions Open for 2020 Wise Awards
December 4th, 2019 - 12:01 GMT

Submissions Open for 2020 Wise Awards

Google Co-Founders Larry Page and Sergey Brin Step down and Hand the Reins of Alphabet to CEO Sundar Pichai
December 4th, 2019 - 11:40 GMT

Google Co-Founders Step down and Hand the Reins of Alphabet to CEO Sundar Pichai

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