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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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Al Bawaba
August 9th, 2012 - 10:37 GMT

Middle East receives the Xperia ion – Sony’s latest smartphone

Inflation in GCC countries has generally remained low
August 9th, 2012 - 10:17 GMT

GCC's economic future looks bright

The different feasibility studies about the funding of a new pipeline have shown that it would not be profitable for investors. But such decision can be politically motivated, analysts say
August 9th, 2012 - 09:52 GMT

Sudan's oil deal: no implementation without security

Al Bawaba
August 9th, 2012 - 09:41 GMT

Strongest July sales figures ever for Audi Middle East

The outlook for the region's oil industry is optimistic
August 9th, 2012 - 09:21 GMT

Energy firms success spurred on by talents and tech

VIVA Ghabgha
August 9th, 2012 - 09:17 GMT

VIVA celebrates its employees

EDL
August 9th, 2012 - 09:13 GMT

EDL service providers give ground to try to break the strike

Al Bawaba
August 9th, 2012 - 08:51 GMT

DPG organizes Iftar at Nuzul staff accommodation in collaboration with the Ministry of Labour

Gold
August 9th, 2012 - 08:29 GMT

Calm markets mean lower global gold prices

FZ200 Accessories
August 9th, 2012 - 08:15 GMT

Panasonic’s new DMC-FZ200 digital camera capable of full-HD video recording

Dr Karim El Solh, CEO of Gulf Capital with Mrs Leila Kaawar Ghareeb, President of “Inaash", and Mrs Leila Bissat of Inaash
August 9th, 2012 - 08:13 GMT

Gulf Capital funds the full education of 100 underprivileged Lebanese, Palestinian and Syrian children

Amel Galal Sabry, the Founder and Managing Director of Emirates Autism Centre along with a volunteer at the iftar hosted at The St. Regis Saadiyat Island Resort
August 9th, 2012 - 07:34 GMT

The St. Regis Saadiyat Island Resort embraces the spirit of Ramadan

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