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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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UK debt exceeds 100% of GDP
June 21st, 2023 - 11:57 GMT

UK debt exceeds 100% of GDP

Hyundai Motor Opens Heritage Exhibition ‘PONY, the timeless’ and Introduces RETRACE, the Heritage Publication Series
June 21st, 2023 - 11:53 GMT

Hyundai Motor Opens Heritage Exhibition ‘PONY, the timeless’ and Introduces RETRACE, the Heritage Publication Series

Event highlights trends in the evolving energy landscape, innovations in power generation, industry best practices, and GE’s commitment to the Kingdom to support its decarbonization and energy-related goals.
June 21st, 2023 - 11:43 GMT

GE Hosts Saudi Technology Days, Convening Industry Experts Shaping the Future of Energy

Emirates kicks off a spectacular summer of travel
June 21st, 2023 - 11:34 GMT

Emirates kicks off a spectacular summer of travel

Gaza Marine: An instrument of economic peace
June 21st, 2023 - 11:18 GMT

Gaza Marine: An instrument of economic peace

The Huawei Watch 4 Series is in Oman
June 21st, 2023 - 10:49 GMT

The Huawei Watch 4 Series is in Oman

McKinsey report: AI Could add $4.4Trillion annually to the global economy
June 21st, 2023 - 10:04 GMT

Can AI add $4.4t annually to global economy?

Lost Rubens painting discovered after nearly 300 years and expected to fetch $7.7 million at auction
June 21st, 2023 - 09:55 GMT

Lost Rubens painting to fetch $7.7m at auction

EV producers scramble for non-China graphite
June 21st, 2023 - 09:51 GMT

EV producers scramble for non-China graphite

Gartner Forecasts Worldwide Banking and Investment Services IT Spending to Reach $652 Billion in 2023
June 21st, 2023 - 09:51 GMT

Gartner Forecasts Worldwide Banking and Investment Services IT Spending to Reach $652 Billion in 2023

Global companies launch campaign to employ refugees in Europe
June 21st, 2023 - 09:42 GMT

Global companies want to employ refugees in Europe

Bitcoin jumps to highest level in June trading session
June 21st, 2023 - 09:27 GMT

Bitcoin jumps to highest level in June trading session

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