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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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Dubai real estate investments may surpass London’s in 2023
June 5th, 2023 - 02:27 GMT

Dubai real estate investments may surpass London’s in 2023

Elon Musk’s Neuralink startup valued at $5b
June 5th, 2023 - 01:29 GMT

Elon Musk’s Neuralink startup valued at $5b

Deadline for UAE Unemployment Insurance enrolment: June 30
June 5th, 2023 - 12:35 GMT

Deadline for UAE Unemployment Insurance enrolment: June 30

UAE private sector strong, despite PMI decline
June 5th, 2023 - 11:36 GMT

UAE private sector strong, despite PMI decline

Rewards get more personal: Al-Futtaim group launches reimagined and enhanced blue rewards app
June 5th, 2023 - 10:49 GMT

Rewards get more personal: Al-Futtaim group launches reimagined and enhanced blue rewards app

Global food costs index hits 2-Year Low
June 5th, 2023 - 10:36 GMT

Global food costs index hits 2-Year Low

DIFC Innovation Hub Partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER
June 5th, 2023 - 10:31 GMT

DIFC Innovation Hub Partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER

Dubai Chamber of Commerce attracts more than 15,000 new memberships and contributes to 17.3% increase in value of members' exports and re-exports in Q1 2023
June 5th, 2023 - 10:28 GMT

Dubai Chamber of Commerce attracts more than 15,000 new memberships and contributes to 17.3% increase in value of members' exports and re-exports in Q1 2023

Celebrate Eid Holidays and dive into summer break in Land of Fire with Four Seasons Hotel Baku
June 5th, 2023 - 10:25 GMT

Celebrate Eid Holidays and dive into summer break in Land of Fire with Four Seasons Hotel Baku

DMCC welcomes global crypto giant bybit as an ecosystem partner to accelerate the development and mass adoption of crypto and web3 in dubai
June 5th, 2023 - 10:18 GMT

DMCC welcomes global crypto giant bybit as an ecosystem partner to accelerate the development and mass adoption of crypto and web3 in Dubai

Markets look to new economic era under Simsek
June 5th, 2023 - 09:57 GMT

Turkish markets look to new economic era under Simsek

L’Oréal Derma Celebrated its 4th Edition in Dubai UAE
June 5th, 2023 - 09:57 GMT

L’Oréal Derma Celebrated its 4th Edition in Dubai UAE

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