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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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EU to Invest Over $1 Billion in CleanTech Projects
July 7th, 2020 - 09:00 GMT

EU to Invest Over $1 Billion in CleanTech Projects

UK to Remove Huawei from 5G Network Plans
July 7th, 2020 - 08:30 GMT

UK to Remove Huawei from 5G Network Plans

Uber to Acquire Food Delivery App Postmates
July 7th, 2020 - 08:05 GMT

Uber to Acquire Food Delivery App Postmates

First Female Public Bus Drivers in the Middle East to Hit Dubai's Roads!
July 7th, 2020 - 07:30 GMT

First Female Public Bus Drivers in the Middle East to Hit Dubai's Roads!

Lufthansa Resumes Flights with Half Fleet Capacity
July 7th, 2020 - 07:00 GMT

Lufthansa Resumes Flights with Half Fleet Capacity

UAE Investor Seals $350 Million Deal for Oman Tech City
July 7th, 2020 - 06:30 GMT

UAE Investor Seals $350 Million Deal for Oman Tech City

Saudi Arabia Reveals Plans to Kick-Start Global Economy
July 7th, 2020 - 06:00 GMT

Saudi Arabia Reveals Plans to Kick-Start Global Economy

How Much Are MENA Countries Investing in Solar Energy and Why?
July 6th, 2020 - 02:00 GMT

How Much Are MENA Countries Investing in Solar Energy and Why?

Oman Inks New Oil Exploration Agreement with Swedish Energy Company
July 6th, 2020 - 01:00 GMT

Oman Inks New Oil Exploration Agreement with Swedish Energy Company

Fitch: Samsung to Sustain Its Solid Financial Status Despite COVID-19
July 6th, 2020 - 12:30 GMT

Fitch: Samsung to Sustain Its Solid Financial Status Despite COVID-19

Tesla Tops List of Most Valuable Carmakers
July 6th, 2020 - 12:00 GMT

Tesla Tops List of Most Valuable Carmakers

Meet The US Richest Billionaires in 2020
July 6th, 2020 - 11:30 GMT

Meet The US Richest Billionaires in 2020

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