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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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BenQ
August 23rd, 2012 - 09:55 GMT

BenQ Middle East and Africa launches Facebook competition

Minister of Planning and International Cooperation Jafar Hassan (centre) during the launch of the credit guarantee fund on Wednesday (Photo courtesy of Planning Ministry)
August 23rd, 2012 - 09:54 GMT

Jordan launches credit fund to boost small business in the Kingdom

CommVault
August 23rd, 2012 - 09:46 GMT

Nimble Storage and CommVault help enterprises accelerate adoption of modern data protection

Al Bawaba
August 23rd, 2012 - 09:06 GMT

Tamkeen supports Women Entrepreneurs in key trade fairs

Private sector employees already received a salary hike as of February this year
August 22nd, 2012 - 01:00 GMT

While private sector struggles, Lebanese Cabinet set to cover million dollar public sector salary hikes

In terms of employment, almost half of the respondents (49%) claim that there are ‘very few jobs available’
August 22nd, 2012 - 12:56 GMT

Employment conditions in Kuwait set to improve

Oman also has much smaller oil and gas reserves than the other five GCC member states
August 22nd, 2012 - 12:33 GMT

No oil slick for Oman: finances stay strong

Bahrain Air achieved an increase of 67 percent in revenue during June and July
August 22nd, 2012 - 11:54 GMT

Smooth sailing for Gulf airline hit by market turbulence

There are a number of opportunities in Bahrain and, through Bahrain, to the wider GCC
August 22nd, 2012 - 11:08 GMT

Bahrain markets itself as 'Gulf gateway' for Malaysian investment

The number of GCC employees in the private sector increased four percent to 3,031 employees in 2011
August 22nd, 2012 - 10:58 GMT

GCC turns its focus to UAE investments

Iraq remained the fastest growing market with exports and re-exports to the country increasing from only AED 4.1 billion from January to June of 2011 to a high of AED 19.4 billion for the same period in 2012, the report said
August 22nd, 2012 - 09:54 GMT

Saudi stays on top of Dubai export market

Al Bawaba
August 22nd, 2012 - 08:36 GMT

Middle East fire industry expected to be worth USD 1.12 billion by 2013

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