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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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Gulf visitors appear to be increasingly favouring the home comforts
August 1st, 2012 - 01:47 GMT

Gulf tourists sight-see Arab Spring and Ramadan wonders

The Middle East is leading the world by investing in innovative infrastructure projects to create major urban cities of the future, while balancing the needs of the population, economy and the environment
August 1st, 2012 - 01:27 GMT

Middle East projects earn global recognition

Iranian warships - Strait of Hormuz
August 1st, 2012 - 12:44 GMT

'Do your worst' to Iran: ready for Hormuz-block

Suez Canal
August 1st, 2012 - 11:23 GMT

Suez Canal revenues surge by 3.6 per cent

Al Bawaba
August 1st, 2012 - 11:15 GMT

Qtel celebrates Qatar’s olympic success with free SMS for all

Al Bawaba
August 1st, 2012 - 11:07 GMT

GE surpasses US$1 billion in infrastructure sales from Olympic games host cities since 2006

Gold Bars
August 1st, 2012 - 10:05 GMT

Gold prices globally dip slightly

Al Bawaba
August 1st, 2012 - 09:35 GMT

Ramada Downtown participates in China Workshop 2012

Al Bawaba
August 1st, 2012 - 09:15 GMT

ENOC Tasjeel strengthens Autism awareness through ‘Dirham Wa’Bas’ charity drive campaign

IMF
August 1st, 2012 - 09:02 GMT

Jordan's starved economy should be fed 2 billion by IMF loan

Epicor
August 1st, 2012 - 08:10 GMT

Saudi-based golden chip company to implement Epicor ERP solution

Al Bawaba
August 1st, 2012 - 08:05 GMT

Samsung brings London 2012 closer to the community through its Smartphone technology

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