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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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During the event
March 29th, 2017 - 10:31 GMT

Etihad Aviation Group and Abu Dhabi Tourism & Culture Authority enter new chapter by launching “Let’s Read with the Captain” initiative

Hamad Medical Corporation
March 29th, 2017 - 10:21 GMT

HMC announces two important keynote speakers at the fifth middle east forum on quality and safety in healthcare

The project aims to reduce electricity costs by generating electricity from solar energy. (AFP/File)
March 29th, 2017 - 10:20 GMT

Jordan, Germany sign $47.5M solar energy deal for Syrian refugees

Bank Nizwa  - 4th AGEB
March 29th, 2017 - 10:15 GMT

Bank Nizwa joins regional experts during 4th Governance and Ethics Board Conference

Emirates Islamic and Qindeel partner to promote literacy inclusion during month of reading
March 29th, 2017 - 09:58 GMT

Emirates Islamic and Qindeel partner to promote literacy inclusion during month of reading

Under the new agreement Oman Air will connect travelers to 59 destinations across Europe and North America from Lufthansa’s Frankfurt and Munich hubs. (Shutterstock)
March 29th, 2017 - 09:38 GMT

Oman Air inks new partnership with Lufthansa to expand across Europe, North America

Abu Dhabi National Exhibitions Company Group
March 29th, 2017 - 09:32 GMT

ADNEC begins international promotional campaign for UMEX 2018, SimTEX 2018, IDEX and NAVDEX 2019

DED officials honouring Damas
March 29th, 2017 - 09:26 GMT

Dubai Economy honours Damas for consumer-friendly approach and service excellence

Sikka Day
March 29th, 2017 - 09:11 GMT

Dubai Culture successfully concludes the seventh edition of SIKKA Art Fair 2017

Egypt's declining economy needs all the help it can get. (AFP/File)
March 29th, 2017 - 08:59 GMT

Egypt discusses economic support with G-8 countries

During the event
March 29th, 2017 - 08:19 GMT

du #PostWisely Campaign receives industry recognition at prestigious Dubai Lynx and Digital MENA Awards

DuPont
March 29th, 2017 - 08:12 GMT

DuPont™ Nomex® marks first 50 years of enabling endless possibilities

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