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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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Crypto News Recap: UAE Takes Prominent Steps in the Crypto World
June 4th, 2023 - 06:37 GMT

Crypto news recap: UAE takes prominent steps in the crypto world

Saudi stocks hit highest daily gains since October
June 4th, 2023 - 01:20 GMT

Saudi stocks hit highest daily gains since October

Gov’t to boost Egypt oil production by 11% in 2023
June 4th, 2023 - 01:06 GMT

Gov’t to boost Egypt oil production by 11% in 2023

Revamped legendary Nokia 6600 coming in October
June 4th, 2023 - 12:24 GMT

Revamped legendary Nokia 6600 coming in October

Oil prices up on US debt deal, jobs data
June 4th, 2023 - 11:20 GMT

Oil prices up on US debt deal, jobs data

US Jobs data report may be misleading – Reuters
June 4th, 2023 - 11:06 GMT

US Jobs data report may be misleading

Discretion surrounds OPEC+ meeting
June 4th, 2023 - 10:12 GMT

Discretion surrounds OPEC+ oil policy meeting

Nissan presents seven milestones that mark the patrol’s seven-decade legacy
June 4th, 2023 - 09:58 GMT

Nissan presents seven milestones that mark the patrol’s seven-decade legacy

Diyar Al Muharraq Announces Over 50% Completion on Second Phase of Al Naseem Villas
June 4th, 2023 - 09:30 GMT

Diyar Al Muharraq Announces Over 50% Completion on Second Phase of Al Naseem Villas

US debt ceiling deal may curb Ukraine support
June 4th, 2023 - 09:20 GMT

US debt ceiling deal may curb Ukraine support

Dubai Islamic Bank Launches DIB ‘alt’, the Ultimate Digital Banking Experience for its Customers
June 4th, 2023 - 09:13 GMT

Dubai Islamic Bank Launches DIB ‘alt’, the Ultimate Digital Banking Experience for its Customers

Air New Zealand Tops List as Best Airline for the Seventh Time Since 2013
June 4th, 2023 - 08:47 GMT

Air New Zealand tops list as best airline for 7th time since 2013

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