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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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GCC Hospitality on Track to Reach $32.5 Billion by 2022
December 1st, 2019 - 08:30 GMT

GCC Hospitality on Track to Reach $32.5 Billion by 2022

The artworks for this show are inspired by the UAE, Arabic culture and its heritage.
December 1st, 2019 - 08:23 GMT

Celebrate UAE National Day With Treasures of Arabia Art Exhibition at Ahmedia Heritage Guest House

Shell Intilaaqah Joins Ebdaat Omania to Take Entrepreneurs to the Next Level of Success
December 1st, 2019 - 08:04 GMT

Shell Intilaaqah Joins Ebdaat Omania to Take Entrepreneurs to the Next Level of Success

UAE: 50 Percent Tax on Sugary Drinks, 100 Percent Tax on Tobacco Products from Today
December 1st, 2019 - 08:00 GMT

UAE: 50 Percent Tax on Sugary Drinks, 100 Percent Tax on Tobacco Products Starting from Today

For the first time in the Kingdom and under a joint collaboration agreement
December 1st, 2019 - 07:34 GMT

Samsung Electronics Levant Launches the Local Version of Its "Solve for Tomorrow" Contest in Collaboration With the Ministry of Youth

French-Lebanese Engineer Appointed as Renault-Nissan-Mitsubishi Secretary General
December 1st, 2019 - 07:30 GMT

French-Lebanese Engineer Appointed as Renault-Nissan-Mitsubishi Secretary General

DIFI to Hold Symposium on Marriage in the Arab World
December 1st, 2019 - 07:23 GMT

DIFI to Hold Symposium on Marriage in the Arab World

Etihad Airways Named ‘World’s Leading Airline’ and Wins in Four Categories at the World Travel Awards
December 1st, 2019 - 07:03 GMT

Etihad Airways Named ‘World’s Leading Airline’ and Wins in Four Categories at the World Travel Awards

Scuderia Ferrari Driver Charles Leclerc Makes a Pit Stop at Ferrari World Abu Dhabi Ahead of the 2019 Abu Dhabi Grandprix Showdown
December 1st, 2019 - 06:56 GMT

Scuderia Ferrari Driver Charles Leclerc Makes a Pit Stop at Ferrari World Abu Dhabi Ahead of the 2019 Abu Dhabi Grandprix Showdown

Burgan Bank Concludes Its Participation in the ‘D Partners 5’ Conference Advocating the Advancement of People With Disabilities and Their Integration
December 1st, 2019 - 06:42 GMT

Burgan Bank Concludes Its Participation in the ‘D Partners 5’ Conference Advocating the Advancement of People With Disabilities and Their Integration

Saudi Aramco’s IPO Covered by 173 Percent Before Deadline
December 1st, 2019 - 06:40 GMT

Saudi Aramco’s IPO Covered by 173 Percent Before Deadline

OPEC Oil Output Falls Before Vienna Meeting
November 30th, 2019 - 05:00 GMT

OPEC Oil Output Falls Before Vienna Meeting

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