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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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UAE’s RAK free zone sees 122% growth in Q1-2023
May 28th, 2023 - 01:28 GMT

UAE’s RAK free zone sees 122% growth in Q1-2023

UAE, Paraguay sign agritech, training MoU
May 28th, 2023 - 01:02 GMT

UAE, Paraguay sign agritech, training MoU

EU relieved by declining gas prices
May 28th, 2023 - 12:34 GMT

EU relieved by declining gas prices

US jobs report forecast to show slowing inflation
May 28th, 2023 - 12:07 GMT

US jobs report forecast to show slowing inflation

US outraged by China ban on American memory chips
May 28th, 2023 - 10:21 GMT

US outraged by China ban on American memory chips

IGI Reports First Quarter 2023 Condensed and Unaudited Financial Results
May 28th, 2023 - 09:48 GMT

IGI Reports First Quarter 2023 Condensed and Unaudited Financial Results

Azizi Developments’ Creek Views II reaches 37% completion milestone
May 28th, 2023 - 09:41 GMT

Azizi Developments’ Creek Views II reaches 37% completion milestone

US debt ceiling deal to pay bills by June 4
May 28th, 2023 - 09:35 GMT

US debt ceiling deal to avert default by June 4

Digital DEWA Wins GovTech Innovation Award for Innovative and Sustainable Future Accelerator of the Year
May 28th, 2023 - 09:31 GMT

Digital DEWA Wins GovTech Innovation Award for Innovative and Sustainable Future Accelerator of the Year

JPMorgan to lay off approximately 500 employees primarily in technology and operations
May 28th, 2023 - 09:08 GMT

JPMorgan to lay off approximately 500 employees primarily in technology and operations

INSHALLAH A BOY wins big at Cannes
May 28th, 2023 - 09:05 GMT

INSHALLAH A BOY wins big at Cannes

BisB Wins “Best Digital Banking Initiative”
May 28th, 2023 - 08:59 GMT

BisB Wins “Best Digital Banking Initiative”

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