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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 Chamber of Digital Economy concludes visit to Asia to engage with startups and tech talent
May 30th, 2023 - 10:00 GMT

Dubai Chamber of Digital Economy concludes visit to Asia to engage with startups and tech talent

Cabinet Decision on fees for services provided by Federal Tax Authority to go into effect on Thursday
May 30th, 2023 - 09:58 GMT

Cabinet Decision on fees for services provided by Federal Tax Authority to go into effect on Thursday

Dreams take flight: Etihad airways' transformative education mission for India
May 30th, 2023 - 09:52 GMT

Dreams take flight: Etihad airways' transformative education mission for India

iPhone users report battery drain issues after iOS 16.5 update
May 30th, 2023 - 09:45 GMT

iPhone users report battery drain issues after iOS 16.5 update

Oil prices drop on OPEC+, US debt ceiling deal uncertainty
May 30th, 2023 - 09:26 GMT

Oil prices drop on OPEC+, US debt ceiling deal uncertainty

Republicans speak out against US debt ceiling deal
May 30th, 2023 - 09:17 GMT

Republicans speak out against US debt ceiling deal

Future of living is here: Samsung launches Smart House of Entertainment, showcases its powerful TV ecosystem
May 30th, 2023 - 09:01 GMT

Future of living is here: Samsung launches Smart House of Entertainment, showcases its powerful TV ecosystem

Markaz receives momentous accolades at MENA Banking Excellence Awards 2023
May 30th, 2023 - 08:47 GMT

Markaz receives momentous accolades at MENA Banking Excellence Awards 2023

Saudi Arabia's economic cities and zones sign MoUs worth over SAR 27Billion
May 30th, 2023 - 08:22 GMT

Saudi Arabia's economic cities and zones sign SAR 27b MoUs

Cleveland Clinic Abu Dhabi supports Abu Dhabi’s Paired Kidney Donation Program by successfully completing a triple swap kidney transplant
May 30th, 2023 - 08:11 GMT

Cleveland Clinic Abu Dhabi supports Abu Dhabi’s Paired Kidney Donation Program by successfully completing a triple swap kidney transplant

Erdogan's top priority: Russia, Gulf investments
May 30th, 2023 - 08:01 GMT

Erdogan's top priority: Russia, Gulf investments

Medical Device Creates Neural Connection between Brain and Spinal Cord, Restoring Paralyzed Man's Ability to Walk
May 30th, 2023 - 07:53 GMT

Man walks again by developed device linking brain and spinal cord

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