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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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Dubai Investments' sustainable solutions are being showcased in Future Cities Show
April 2nd, 2017 - 11:13 GMT

Dubai Investments sustainability pledge drives innovation across sectors; shapes future cities

Dubai Gold & Commodities Exchange
April 2nd, 2017 - 11:07 GMT

DGCX sees brisk trading as Brexit negotiations and European Election Volatility Intensifies

Kuwait's oil export receipts declined by 14.1 percent in 2016 to KD 12.5 billion ($ 41 billion), its lowest level in just over a decade. (Pixabay)
April 2nd, 2017 - 10:58 GMT

Kuwait’s trade surplus drops to 11-year low amid lower oil prices

Ms. Racha Al Khawaja - Menacorp
April 2nd, 2017 - 09:27 GMT

Menacorp remains first on Nasdaq Dubai’s Equity Futures trade

More than 4.4 million hotel guests were recorded in Abu Dhabi over the course of 2016, 4.9 million are expected in 2017. (Pixabay)
April 2nd, 2017 - 09:26 GMT

Abu Dhabi: Statistics show unprecedented growth in hotel reservations

Al Mazroui Handover
April 2nd, 2017 - 09:21 GMT

Daimler Commercial Vehicles MENA and EMC deliver 27 Mercedes-Benz Zetros trucks to Suhail Al Mazroui Est.

During the event
April 2nd, 2017 - 09:12 GMT

Millennium Resort Mussanah celebrates long-serving team members

FGB and NBAD merger ceremony at Abu Dhabi Securities Exchange (ADX).
April 2nd, 2017 - 08:47 GMT

FGB and NBAD merge to create UAE's biggest bank and one of the world's largest financial institutions

Huawei
April 2nd, 2017 - 08:26 GMT

Huawei 2016 annual report: solid growth and sustained investment in the future

The project will cover a total area of 400,000 square metres and will be built through two stages. The construction work for the first phase will start by next year.
April 2nd, 2017 - 08:20 GMT

Oman unveils $1B tourism project for Muscat

Jannah Resort & Villas Ras Al Khaimah
April 2nd, 2017 - 08:17 GMT

Nature meets leisure at Jannah Mina Al Arab

According to the report, Dubai saw nearly 11.5 percent fewer new investment projects last year. (Pixabay)
April 2nd, 2017 - 08:04 GMT

Foreign direct investment in Dubai falls 11 percent: Report

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