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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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The UK prime minster, David Cameron, in his Ramadan message states: “Ramadan is about charity, contemplation and community.”
July 7th, 2014 - 03:55 GMT

Banking in the time of Ramadan: reconciling contemplation with profit-making

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Dubai is planning to build a temperature-controlled city featuring the world’s largest mall and an indoor park, as well as hotels, health resorts and theaters, the developer said.
July 7th, 2014 - 01:24 GMT

A parody of itself? Dubai to build climate-controlled 'city' and a mall bigger than the world's biggest

Al Bawaba
July 7th, 2014 - 01:13 GMT

What is Al-Sisi's true economic orientation?

The tax on other alcoholic beverages, such as wine and spirits manufactured locally or imported from abroad, has been increased by 150%.
July 7th, 2014 - 01:06 GMT

He's all about health: Al-Sisi imposes additional 50% tax on cigarettes, 200% on beer

Al Bawaba
July 7th, 2014 - 01:01 GMT

The end of the energy market as we know it: US overtakes Russia and Saudi Arabia as world's largest oil and gas producer

Al Bawaba
July 7th, 2014 - 12:48 GMT

New data reveals how much GCC visitors are spending on the World Cup

Al Bawaba
July 6th, 2014 - 10:17 GMT

20 scholarships for outstanding high school students

Al Bawaba
July 6th, 2014 - 09:59 GMT

DPG appoints Charles Biele as CEO of Dubai Properties

Al Bawaba
July 6th, 2014 - 09:56 GMT

How French companies literally can't get enough of the Iranian market

Al Bawaba
July 6th, 2014 - 09:45 GMT

Manoeuvring the post-sanctions market: Iran's car output jumps 60%

Al Bawaba
July 6th, 2014 - 09:29 GMT

Standard Chartered Saadiq inaugurates its first Islamic Banking Centre in the UAE

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