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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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Al Bawaba
July 6th, 2014 - 04:54 GMT

Samsonite spreads footprint across Riyadh; unveils 2 new stores

Al Bawaba
July 6th, 2014 - 03:55 GMT

Adding fuel to the fire: how Egypt's prime minster is seeking to justify subsidy cuts

Many citizens have objected to the price increase, which was approved by the government yesterday.
July 6th, 2014 - 03:55 GMT

Fuel prices to increase 70%: Egypt slashes subsides overnight amidst public outcry

Al Bawaba
July 6th, 2014 - 03:55 GMT

Making the leap: Jordan jumps 19 places in e-governance rankings

“EDL will limit the network’s productive capabilities to a fixed amount of 1,550 Megawatts from July 1 to Sept. 10," the statement said. “We call on citizens to understand need to achieve balance between the need for electricity production and the sensitive situation of the public budget,” the EDL said.
July 6th, 2014 - 02:55 GMT

From bad to worse: Lebanon determines 13 hours of electricity a day

The spending figure of 23.21 billion dinars is 10.5 percent higher than estimates in the past fiscal year of 21 billion dinars.
July 4th, 2014 - 02:28 GMT

Will it get away with it this time? Kuwait passes excessively high budget, projects deficit

For those concerned about consumption and commercialization in Ramadan, the month of fasting threatens to be turned into the month of overeating and excessive prices.
July 4th, 2014 - 02:15 GMT

The economics of Ramadan: from piety to commercialization and excessive consumption

The project has envisaged that about 250 megawatts (MW) of electricity will be generated per day from burning 1,500 tons of solid waste.
July 4th, 2014 - 12:56 GMT

No need for any more 'garbage': US company breaks the ice with $1.1 billion investment in Iran's waste management

Etihad joins Emirates, which sponsors Old Trafford cricket ground and Durham County Cricket Club, in bolstering its English brand profile through cricket.
July 4th, 2014 - 01:21 GMT

Reverse colonialism? Etihad becomes official carrier for England Cricket Board

Al Bawaba
July 4th, 2014 - 01:14 GMT

A national priority: Mall of Egypt on track for Jan 2016 opening

Buoyed by a growing population of both locals and expats, the total number of schools in the region is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from 2013 to 2020.
July 4th, 2014 - 01:09 GMT

Overhaul or overkill? Gulf countries to spend $150 billion on education reform

Al Bawaba
July 4th, 2014 - 12:59 GMT

Avoiding rock bottom: Libya declares oil crisis done and over with

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