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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 23rd, 2017 - 10:31 GMT

Ras Al Khaimah Chamber launches 14 Happiness and Positivity initiatives

The banned Middle East carriers include Emirates, Etihad Airways, Qatar Airways, Royal Jordanian, Saudi Airlines, and Turkish Airlines. (File photo)
March 23rd, 2017 - 10:14 GMT

US electronics ban: A valid security measure or anti-competitive practice?

During the event
March 23rd, 2017 - 10:07 GMT

VAT and GCC regulatory tax reform at Deloitte’s 10th annual Middle East Tax Conference

During the event
March 23rd, 2017 - 09:56 GMT

Burgan Bank honors Kuwait Fire Service Directorate for their safety training and support

Chinese 3D printing firm will build 1.5 million 3D printed houses in Saudi Arabia. (Shutterstock)
March 23rd, 2017 - 09:34 GMT

China helps Saudi Arabia reduce labor, material costs with 3D printed houses

UAE Ministry of Economy
March 23rd, 2017 - 09:33 GMT

Roadshow promoting UAE tourism kicks off in China next week

Allen Lu, Head of Huawei ME Video MET
March 23rd, 2017 - 09:26 GMT

Huawei shares its vision for video in the region at CABSAT

Said Al Mawali, Department Head for SME & SOHO Propositions
March 23rd, 2017 - 09:17 GMT

Ooredoo Entrepreneur programme prepares SMEs for success

Mövenpick Hotels & Resorts
March 23rd, 2017 - 09:06 GMT

Mövenpick Hotels & Resorts to make moves in Oman as firm inks first Muscat hotel management contract

Ziyad Bin Mahfouz, CEO of Elaf Group to go along with the press release
March 23rd, 2017 - 08:23 GMT

Elaf to showcase expanding hotel brands at Saudi Travel and Tourism Investment Market 2017

Several countries are suspending their imports of meat from Brazil in the wake of allegations that companies had been exporting rotten meat. (File photo)
March 23rd, 2017 - 08:00 GMT

Jordan has no plans to suspend imports in wake of Brazil's meat scandal

ASUS
March 23rd, 2017 - 07:40 GMT

ASUS Republic of Gamers announces Strix GeForce GTX 1080 Ti

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