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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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Saudi Arabia is launching many initiatives to boost the growth of SMEs. (File photo)
March 29th, 2017 - 01:00 GMT

Saudi Arabia’s 'parallel market' a push for SMEs: Report

Do not waste your time on jobs that are completely out of your field or experience level. (Pixabay)
March 29th, 2017 - 12:54 GMT

18 things you should know before you send that job application

Analemma Tower, created by Clouds Architecture Office, will be suspended from an orbiting asteroid. (Cloudsao)
March 29th, 2017 - 12:30 GMT

In pictures: Dubai to build a tower hanging from space

Parents and entrepreneurs are more similar than you think. (Pixabay)
March 29th, 2017 - 12:19 GMT

Brain scans reveal entrepreneurs love their companies like parents love their children

Souq.com's CEO Ronald Mouchawar declined to give price details of the Amazon deal, which is estimated to be worth $580m to $750m. (File photo)
March 29th, 2017 - 12:01 GMT

Souq.com's CEO to maintain position in company following Amazon deal: Sources

The adventurous investor is the most likely to make moves that require a leap of faith. (Pexels)
March 29th, 2017 - 11:54 GMT

What type of investor are you?

During the event
March 29th, 2017 - 11:47 GMT

MoF organises workshop on best practices in budget transparency

Abu Dhabi National Oil Company
March 29th, 2017 - 11:38 GMT

ADNOC Distribution opens Al Ramla ADNOC Xpress station in Shakhbout City

The report covers the largest banks in Bahrain, Kuwait, Qatar, Oman, Saudi Arabia, and the UAE. (File photo)
March 29th, 2017 - 11:13 GMT

GCC banks see decline in profits for first time since 2008: Report

AltaLink
March 29th, 2017 - 10:40 GMT

Largest product launch in Xerox history delivers new technology to transform the workplace

Slashed prices from Japan at Nissan Showrooms
March 29th, 2017 - 10:36 GMT

Slashed prices from Japan at Nissan Showrooms

Saudia is offering 20MB free internet service on board its flights to the US and the UK. (AlBawaba)
March 29th, 2017 - 10:35 GMT

Saudia gives free internet to passengers traveling to US, UK

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