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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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US bank stocks slip on debt insurance, liquidity concerns
June 6th, 2023 - 10:26 GMT

US bank stocks slip on debt insurance, liquidity concerns

DMCC appoints leading building operations management firm mace group as it gears up to launch uptown tower
June 6th, 2023 - 10:24 GMT

DMCC appoints leading building operations management firm mace group as it gears up to launch uptown tower

du pioneers the UAE’s first Arabic sustainability podcast featuring experts on sustainability challenges and practices
June 6th, 2023 - 10:16 GMT

du pioneers the UAE’s first Arabic sustainability podcast featuring experts on sustainability challenges and practices

Manchester city players earn their wings in Etihad’s pilot challenge
June 6th, 2023 - 10:04 GMT

Manchester city players earn their wings in Etihad’s pilot challenge

Azizi Developments collaborates with leading Spanish manufacturer Cosentino
June 6th, 2023 - 09:28 GMT

Azizi Developments collaborates with leading Spanish manufacturer Cosentino

Why the United States Should Pay Attention to the Bangladesh Elections
June 6th, 2023 - 09:20 GMT

Why the United States Should Pay Attention to the Bangladesh Elections

Stocks hold tight for Fed to pin interest rates next week
June 6th, 2023 - 09:03 GMT

Stocks hold tight for Fed to pin interest rates next week

Mastercard becomes Aafaq Islamic Finance’s exclusive partner for credit, prepaid and commercial SME products
June 6th, 2023 - 08:47 GMT

Mastercard becomes Aafaq Islamic Finance’s exclusive partner for credit, prepaid and commercial SME products

Saudi Esports Federation and LG announce future partnership for Gamers8: The Land of Heroes
June 6th, 2023 - 08:38 GMT

Saudi Esports Federation and LG announce future partnership for Gamers8: The Land of Heroes

Oil prices slip despite Saudi’s July output cut
June 6th, 2023 - 08:25 GMT

Oil prices slip despite Saudi’s July output cut

Ducab Group collaborates with Baker Hughes to accelerate development of cutting-edge solution for oil and gas industry
June 6th, 2023 - 08:08 GMT

Ducab Group collaborates with Baker Hughes to accelerate development of cutting-edge solution for oil and gas industry

Burgan Bank Renews its Partnership with Al Ahmadi Governorate for the Fourth Year by Supporting its Social Campaign
June 6th, 2023 - 08:02 GMT

Burgan Bank Renews its Partnership with Al Ahmadi Governorate for the Fourth Year by Supporting its Social Campaign

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