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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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National Bank of Fujairah Consistently Voted Best Corporate and Best SMe Bank at the Banker Middle East Industry Awards
November 27th, 2019 - 09:44 GMT

National Bank of Fujairah Consistently Voted Best Corporate and Best SMe Bank at the Banker Middle East Industry Awards

Microsoft Blocks Windows 10 Upgrades for Avast Users
November 27th, 2019 - 09:30 GMT

Microsoft Blocks Windows 10 Upgrades for Avast Users

Vodafone Becomes First VMware Verified Cloud Provider in Egypt
November 27th, 2019 - 09:24 GMT

Vodafone Becomes First VMware Verified Cloud Provider in Egypt

Arab, African Exchanges Ink MoU to Develop Capital Markets
November 27th, 2019 - 09:00 GMT

Arab, African Exchanges Ink MoU to Develop Capital Markets

SCTDA Announces the New Standards Classification for Hotel Establishments in Sharjah
November 27th, 2019 - 08:58 GMT

SCTDA Announces the New Standards Classification for Hotel Establishments in Sharjah

Emirates rolls out ‘Year of tolerance’ A380
November 27th, 2019 - 08:51 GMT

Emirates Rolls out ‘Year of Tolerance’ A380, Ready for Historic Flight

Etisalat and Huawei Complete Industry's First Trial of ‘Compact Optical Cross-Connect’
November 27th, 2019 - 08:40 GMT

Etisalat and Huawei Complete Industry's First Trial of ‘Compact Optical Cross-Connect’

Egypt to Launch Global Bid for Gas Explorations in Mediterranean in 2020
November 27th, 2019 - 08:30 GMT

Egypt to Launch Global Bid for Gas Explorations in Mediterranean in 2020

No Room for Abu Dhabi and Dubai Real Estate Prices to Drop Further
November 27th, 2019 - 08:00 GMT

No Room for Abu Dhabi and Dubai Real Estate Prices to Drop Further

Jordan: 2020 Budget Will Not Include New Taxes
November 27th, 2019 - 07:30 GMT

Jordan: 2020 Budget Will Not Include New Taxes

Qatar Foundation to Unveil M. F. Husain’s Final Art Installation
November 27th, 2019 - 07:29 GMT

Qatar Foundation to Unveil M. F. Husain’s Final Art Installation

Trend Micro Cloud One automates and simplifies cloud security to give organizations the flexibility they need to meet their most strategic cloud priorities
November 27th, 2019 - 07:02 GMT

Trend Micro Debuts World’s Broadest Security Services Platform for Organizations Building Applications in the Cloud

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