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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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There are 204 domestic Haj companies serving the local pilgrims. Around 60 percent of them transport their pilgrims on Saudia's domestic flights.
July 1st, 2014 - 02:56 GMT

A collective boycott: 51 Hajj companies boycott Saudia for transporting pilgrims

Al Bawaba
July 1st, 2014 - 01:11 GMT

Meet the immigration company that's luring Saudis with Canadian Citizenship

Fast-growing Middle East airlines such as Qatar and Emirates have said that European governments were seeking to restrict fair competition by giving airlines based closer to home preference when awarding airport slots.
July 1st, 2014 - 12:31 GMT

Ready to pull an Emirates? Qatar Airways threatens to cancel Airbus order if its demands are not met

Saudis and expats have welcomed the move to close retail shops at 9 p.m., saying it would have a positive impact on social life and productivity.
July 1st, 2014 - 10:46 GMT

Catering to their schedule: will the new 9 pm shop closure rule get Saudis to work in shops?

The finance minister said the budget would push debt down from 94% of GDP, registered in the FY 2013/2014 budget, to around 90% of GDP
July 1st, 2014 - 10:23 GMT

Egypt's debt pushed to 90% of GDP

Faisal Aqil, Deputy CEO – Consumer Wealth Management, Emirates Islamic
July 1st, 2014 - 09:57 GMT

Emirates Islamic launches wide range of initiatives to celebrate the Holy Month

Al Bawaba
July 1st, 2014 - 09:27 GMT

Starwood hotels & resorts and majid al futtaim mark opening of westin and le méridien hotels in bahrain

Al Bawaba
July 1st, 2014 - 09:17 GMT

University of Dubai highlights academic sector role in strengthening Dubai Capital of Islamic economy initiative

Al Bawaba
July 1st, 2014 - 09:03 GMT

FedEx Express launches SenseAware in Middle East

Al Bawaba
July 1st, 2014 - 08:39 GMT

United Arab Bank signs US$100 million Murabaha syndication deal

Al Bawaba
July 1st, 2014 - 08:32 GMT

Acer honored with two Computex Design and Innovation awards for outstanding industrial design

Al Bawaba
July 1st, 2014 - 08:22 GMT

Turkish Airlines opens state-of-the-art maintenance and repair centre valued US$ 550 million at Sabiha Gökçen International Airport

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