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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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Empower CEO Ahmad Bin Shafar
June 11th, 2017 - 10:23 GMT

Empower’s ‘Smile at 24 Degrees’ Campaign Set to Drive Optimal Utility Savings for District Cooling Consumers

Rixos the Palm Dubai
June 11th, 2017 - 10:16 GMT

Summer Spa Indulgences at Rixos the Palm Dubai

NBF Islamic has grown at a phenomenal pace, recording an operating income of AED 60.4 million in 2016.
June 11th, 2017 - 10:09 GMT

NBF Islamic Recognised as the Best “Shari’a-Compliant Window of the Year” at the Banker’s Islamic Bank of the Year Awards 2017

The exhibition aims to enhance the inmate’s self-confidence by helping them make a difference and integrate with mainstream society.
June 11th, 2017 - 10:01 GMT

Sharjah Airport Authority Hosts “Products of Hope” Exhibition

Dar Al Dawa
June 11th, 2017 - 09:54 GMT

Dar Al Dawa Marks World Hypertension Day and Launches Awareness Campaign

Centrepoint has received tremendous acceptance in Kuwait.
June 11th, 2017 - 09:43 GMT

Centrepoint Expands Its Presence, Launches 11th Store in Kuwait

Emaar and residents host Iftar at Arabian Ranches.
June 11th, 2017 - 09:42 GMT

Emaar Properties and Residents Host Iftar for Community Workers and Service Providers to Mark the Spirit of Giving

La Dolce Vita
June 11th, 2017 - 09:36 GMT

"En Route to La Dolce Vita," the Ultimate Road Trip Experience Launched by Four Seasons in Italy and Cap Ferrat

Jalil AlAali, Partner and Head of Financial Services at KPMG in Bahrain commented on the acquisition
June 11th, 2017 - 09:26 GMT

KPMG Acquires Matchi, Global Fintech Innovation and Matchmaking Platform

We are confident that the partnership between Alibaba Cloud and Tata Communications will assist both of us to become true digital transformation partners for our customers.
June 11th, 2017 - 09:17 GMT

Tata Communications and Alibaba Cloud Partner to Empower and Transform Global Businesses

Bosch electric steering system. (GB)
June 11th, 2017 - 09:11 GMT

German Multinational Bosch Plans Saudi Expansion as Middle East Sales Recover

Abdullah Al-Dayel, founder and CEO of Qoyod. (AN)
June 11th, 2017 - 08:51 GMT

Accounting Platform for Entrepreneurs Launched in Saudi Arabia

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