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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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Oil prices fall on China data, stronger US dollar
May 31st, 2023 - 11:44 GMT

Oil prices fall on China data, stronger US dollar

NBB ‘Gold Sponsor’ of Middle East Investor Relations Association “MEIRA” 2023 Annual Conference in Bahrain
May 31st, 2023 - 11:25 GMT

NBB ‘Gold Sponsor’ of Middle East Investor Relations Association “MEIRA” 2023 Annual Conference in Bahrain

Burjeel Medical City selected to join the Worldwide Innovative Networking in Personalized Cancer Medicine - WIN Consortium
May 31st, 2023 - 11:00 GMT

Burjeel Medical City selected to join the Worldwide Innovative Networking in Personalized Cancer Medicine - WIN Consortium

Qatari high school students win WCM-Q healing hands essay contest
May 31st, 2023 - 10:42 GMT

Qatari high school students win WCM-Q healing hands essay contest

HP Recharges Hybrid Work at GITEX Africa
May 31st, 2023 - 10:38 GMT

HP Recharges Hybrid Work at GITEX Africa

Hyundai Introduces the All-New Azera Flagship Sedan in The Middle East
May 31st, 2023 - 10:33 GMT

Hyundai Introduces the All-New Azera Flagship Sedan in The Middle East

Musk explores ‘new energy vehicles’ with China
May 31st, 2023 - 10:29 GMT

Musk explores ‘new energy vehicles’ with China

A Guide to Choosing the Right Fitness Tracker Wearable Device
May 31st, 2023 - 10:18 GMT

Guide to choosing right fitness tracker wearable device

Kingston Returns to COMPUTEX 2023 with New Non-Binary DDR5 Memory and XS1000 External SSD
May 31st, 2023 - 10:06 GMT

Kingston Returns to COMPUTEX 2023 with New Non-Binary DDR5 Memory and XS1000 External SSD

BEEAH, ISWA and Roland Berger partner to develop first certified global standard for recycling credits in  support of UAE’s COP28 ambitions
May 31st, 2023 - 09:43 GMT

BEEAH, ISWA and Roland Berger partner to develop first certified global standard for recycling credits in support of UAE’s COP28 ambitions

ADU signs MoU with Danat Al Emarat Hospital for Women & Children
May 31st, 2023 - 09:37 GMT

ADU signs MoU with Danat Al Emarat Hospital for Women & Children

Nissan Middle East commits to increasing female participation in leadership positions to 30 percent by 2025
May 31st, 2023 - 09:32 GMT

Nissan Middle East commits to increasing female participation in leadership positions to 30 percent by 2025

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