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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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Jordanian investments in Saudi Arabia amount to $2 billion. (AFP/File)
March 27th, 2017 - 11:03 GMT

Jordan, Saudi Arabia launch fund to boost trade, investment

During the event
March 27th, 2017 - 10:55 GMT

Doha Bank switches off for Earth Hour

Canon Middle East celebrates Earth Hour 2017
March 27th, 2017 - 10:31 GMT

Canon Middle East celebrates Earth Hour 2017

Jaguar F-PACE among finalists for two World Car Awards trophies
March 27th, 2017 - 10:18 GMT

Jaguar F-PACE among finalists for two World Car Awards trophies

Mohamed Hassan, Vice President of flydubai Cargo
March 27th, 2017 - 10:03 GMT

flydubai Cargo continues to deliver

During the event
March 27th, 2017 - 09:54 GMT

The Sheraton Grand Hotel, Dubai offers a journey of 101 Flavors at Friday Feast

During the event
March 27th, 2017 - 09:35 GMT

Ooredoo Group and Ericsson Sign a Network Transformation Agreement

Aluminium extrusion is part of Dubai Investments manufacturing activity
March 27th, 2017 - 09:34 GMT

Dubai Investments assets in manufacturing grows to AED 3.05 billion; contributes to UAE’s non-oil GDP

During the event
March 27th, 2017 - 09:29 GMT

du celebrates the month of reading with first internal ‘duReads’ forum held exclusively for employees

The Central Bank of UAE. (File photo)
March 27th, 2017 - 09:03 GMT

UAE federal budget surplus up 130 percent in 2016

During the event
March 27th, 2017 - 08:52 GMT

Etihad Airways Engineering becomes first Middle East MRO to receive production approval from EASA

During the event
March 27th, 2017 - 08:21 GMT

Dubai Customs organizes its 7th annual book fair

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