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BUSINESS

BUSINESS latest

South Korean stocks plunge
July 29th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

South Korea stocks collapse as investors dump tech

ALBAWABA - The South Korean Stock Market (Kospi) suffered one of the worst plunges in its history after a two-year rally, the culprit is AI and tech investors pulling out. After a two-year rally where tech companies hit record highs; the party came to an end on Wednesday as South Korean stocks plunged historically after a slow blood-letting battered chip firms over the past month, deepening as skittish investors withdrew ...
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Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
July 10th, 2014 - 02:32 GMT

Wishful thinking? US shale revolution won't affect the Middle East, says second opinion

With Dubai’s property market booming, analysts warn that several signs of excesses, reminiscent of pre-crisis years, are returning to the market
July 10th, 2014 - 02:24 GMT

The Ramadan tradition lives on: Damac to offer luxury BMW with property purchases

The UK capital recorded €32.2 billion (around $44.2 billion) worth of transactions in 2013, with the Middle East contributing roughly $7.5 billion.
July 10th, 2014 - 02:14 GMT

Sorry Dubai: why London's pricy property is still number one for ME investors

DP World, which has a portfolio of about 65 terminals across six continents, owns one-third of Djibouti’s Doraleh Container Terminal, the company’s annual report says.
July 10th, 2014 - 01:58 GMT

Djibouti has some beef with DP world and its taking it court

Al Bawaba
July 9th, 2014 - 05:47 GMT

Ramadan brings the issue of food wastage in Saudi Arabia to the forefront

Al Bawaba
July 9th, 2014 - 03:33 GMT

Emirates orders $56 billion Boeing planes after historic Airbus cancellation

Al Bawaba
July 9th, 2014 - 03:05 GMT

Time to take a stance: Philippines to blacklist Saudis who harass domestic workers

Al Bawaba
July 9th, 2014 - 09:44 GMT

Etihad Airways appoints new general manager for Nigeria

Al Bawaba
July 9th, 2014 - 09:09 GMT

British Airways has it covered for Sky-Tech sleep experiment

Al Bawaba
July 9th, 2014 - 08:46 GMT

Oman oil company partners with ‘Klmaten Ras’ to promote culture of reading in oman

Al Bawaba
July 9th, 2014 - 08:15 GMT

Sharjah Islamic Bank to distribute 35,000 Iftar meals during Ramadan

Al Bawaba
July 9th, 2014 - 08:03 GMT

Royal Jordanian invites 200 orphans for Iftar and distributes goodwill parcels in the Jordan Valley

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