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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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Costing QR6.5 billion, Doha Festival City is set to be among the largest malls in the GCC when it opens in April. (Shutterstock)
March 23rd, 2017 - 04:40 GMT

Qatar gears up for 2022 World Cup with more... Shopping malls!

The Islamic, or halal, food industry is valued at about $2 trillion a year. (File photo)
March 23rd, 2017 - 04:06 GMT

Oman eyes share of the halal food industry

Saudi Arabia's beef imports from Brazil were 28,676 tonnes in the period from February 2016 through January 2017. (Shutterstock)
March 23rd, 2017 - 03:48 GMT

Saudi Arabia suspends meat imports from Brazil over food safety fears

You will now be able to book a table or squeeze in a trim at a local barber with simple clicks on the Instagram app.
 (Shutterstock)
March 23rd, 2017 - 02:39 GMT

Instagram is rolling out a new feature that will make your life so much easier

There are certain neighborhoods in Dubai in which you can rent out apartments without having to burn a hole in your pocket. (Shutterstock)
March 23rd, 2017 - 02:17 GMT

From Al Nahda to Dubai Silicon Oasis: 5 apartments that cost less than Dh4,000 a month

Along with drivers, now even passengers will face fines for failing to wear seat belts. (Shutterstock)
March 23rd, 2017 - 01:58 GMT

Fasten your seatbelt: UAE has new traffic rules, serious fines for violators

Ooredoo’s Corporate Communications Senior Director Mijbil Alayoub
March 23rd, 2017 - 12:09 GMT

Ooredoo celebrates Mother’s Day with Carriage

The college of dentistry at University of Dammam. (University of Dammam)
March 23rd, 2017 - 11:39 GMT

Girl power in Saudi Arabia: University of Dammam appoints its first female dean

ADNOC Distribution
March 23rd, 2017 - 11:21 GMT

ADNOC Distribution opens Gutouf Service Station in Al Rahba Area of Abu Dhabi

PricewaterhouseCoopers
March 23rd, 2017 - 11:10 GMT

PwC reaffirms the role of emerging markets in driving global economic growth

Saudi Aramco's IPO is scheduled in the second half of 2018. (AFP/Fayez Nureldine)
March 23rd, 2017 - 11:03 GMT

Saudi Aramco chooses Islamic bonds in the run-up to its much-anticipated IPO

Fahad AlHassawi, Chief Commercial Officer, du
March 23rd, 2017 - 10:42 GMT

du announces new HD DTH Platform on 7W at CABSAT 2017

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