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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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Experience the Future of Foldable Smartphones: HUAWEI Mate X3 Now Available in Oman
May 22nd, 2023 - 10:47 GMT

Experience the Future of Foldable Smartphones: HUAWEI Mate X3 Now Available in Oman

Markaz organizes webinar on how GCC is evolving as an important emerging market opportunity
May 22nd, 2023 - 10:34 GMT

Markaz organizes webinar on how GCC is evolving as an important emerging market opportunity

Twitter to Launch New Features for Enhanced Video Viewing Experience, According to Elon Musk
May 22nd, 2023 - 10:27 GMT

Twitter to launch new features for enhanced video experience

Lego Ferrari convertible unveiled at Danish amusement park
May 22nd, 2023 - 10:16 GMT

Lego Ferrari convertible unveiled in Denmark

OpenAI announces mobile version of ChatGPT aI program
May 22nd, 2023 - 10:09 GMT

OpenAI announces mobile version of ChatGPT AI program

WhatsApp testing sticker creation feature for enhanced customization
May 22nd, 2023 - 10:02 GMT

WhatsApp tests sticker creation feature for enhanced customization

Dubai diamond exchange partners with sotheby’s to host unveiling of world’s largest ruby and most vivid pink diamond
May 22nd, 2023 - 09:43 GMT

Dubai diamond exchange partners with sotheby’s to host unveiling of world’s largest ruby and most vivid pink diamond

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

Damac Real Estate Development Limited Attains Membership for Emirates Green Building Council
May 22nd, 2023 - 09:02 GMT

Damac Real Estate Development Limited Attains Membership for Emirates Green Building Council

Sharjah Media City "Shams" Wraps Up the First Edition of "Shams Creative Fest"
May 22nd, 2023 - 08:48 GMT

Sharjah Media City "Shams" Wraps Up the First Edition of "Shams Creative Fest"

Dubai Customs Seizes 330 Tons and 200 Samples in Violation of CITES Convention
May 22nd, 2023 - 08:42 GMT

Dubai Customs Seizes 330 Tons and 200 Samples in Violation of CITES Convention

Gartner Survey Finds CEOs Cite AI as the Top Disruptive Technology Impacting Industries
May 22nd, 2023 - 08:29 GMT

Gartner Survey Finds CEOs Cite AI as the Top Disruptive Technology Impacting Industries

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