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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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Egypt is raising the fees for its multiple entry visa from US$25 to US$60. (File photo)
March 22nd, 2017 - 04:00 GMT

Egypt to raise visa entry fees

'Mint' links up with your bank accounts and credit cards and breaks down your expenses into different categories. (Web/Charlie White)
March 22nd, 2017 - 03:48 GMT

5 life-changing apps that will help you save money, stick to a budget and get organized

Step #1: Be aware of your special circumstances. (File photo)
March 22nd, 2017 - 03:07 GMT

Dealing with a career crisis? Here are 4 steps to set you back on track

The train will cover the distance between Jeddah and Mecca in 30 minutes. (Shutterstock)
March 22nd, 2017 - 03:00 GMT

High-speed train connecting Mecca-Medina-Jeddah will see the light in 2018: Saudi Railways

Syrian refugees in Jordan represent almost 20 percent of the country's population. (AFP/File)
March 22nd, 2017 - 02:18 GMT

Jordan receives only 3 percent of funding required for its 1.3M Syrian refugees

The iPhone 7 and iPhone 7 Plus Special Edition (PRODUCT)RED are going to start getting sold from March 24. (Apple)
March 22nd, 2017 - 01:44 GMT

Apple launches iPhone 7 Red and we love it!

Amazon has restarted talks to acquire Souq.com for as much as $650M. (Shutterstock/ Eric Broder)
March 22nd, 2017 - 01:17 GMT

Amazon resumes takeover talks with UAE's Souq.com

Feras Al Sheikh, Director of Consumer Sales at Ooredoo
March 22nd, 2017 - 12:12 GMT

Ooredoo reaches 2 million Nojoom subscribers

Field and well development plans are already underway and the first development well has been drilled. (File photo)
March 22nd, 2017 - 12:00 GMT

New project to increase Oman’s gas production by 40 percent: BP

Oman Oil Marketing Company  - Mobile Filling Stations
March 22nd, 2017 - 11:37 GMT

Oman Oil Marketing Company launches new mobile filling station

During the event
March 22nd, 2017 - 11:30 GMT

National Bank of Fujairah claims unprecedented victory with five accolades at the 2017 Banker Middle East UAE Product Awards

DSOA
March 22nd, 2017 - 11:19 GMT

Dubai Silicon Oasis opens electric vehicle charging stations for free public use

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