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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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Nimish Dwivedi, Head of Payment at Mashreq
June 24th, 2014 - 04:25 GMT

Mashreq Cards launches exciting offers to double reward points

Al Bawaba
June 24th, 2014 - 03:55 GMT

Time for new trading partners? EU dethrones the US as world's top food exporter

Brent crude, US gasoline prices, Turkish fuel networks, Chinese, Russian, French and British oil concessions are all at risk if Iraq’s civil war escalates into a regional war.
June 24th, 2014 - 03:55 GMT

The last thing the world needs? How Iraq's insecurity is endangering everyone's oil security

After four days of trading in the green, the Saudi stock market saw a significant setback on Monday, dropping more than one percent or 103.85 points.
June 24th, 2014 - 03:55 GMT

Tourism, construction stocks take hit in Saudi Arabia

However the company has seen its share price drop dramatically from a high of $73 dollars in December to a low of just $30 last month — though the price has rebounded somewhat in recent weeks.
June 24th, 2014 - 03:55 GMT

What if? Twitter reveals that it once rejected Facebook's $500 million offer

Al Bawaba
June 24th, 2014 - 03:55 GMT

Time for some basic labour rights? Why hiring Filipino housemaids just got almost impossible in the UAE

Typically, institutional investors are restricted to investing in developed and emerging markets, so the reclassification highlights the entry of a new class of investors into the domestic market.
June 23rd, 2014 - 11:39 GMT

How to better understand the often-confusing MSCI upgrade of GCC markets

Al Bawaba
June 23rd, 2014 - 11:04 GMT

Thank you Emirates Airlines? UAE tourists to Protugal increase 140%

Al Bawaba
June 23rd, 2014 - 09:49 GMT

It keeps getting worse? Arabtec lays off hundreds of employees

Al Bawaba
June 23rd, 2014 - 09:43 GMT

Nice: French Nice is top destination for UAE private jetters

Badawood said many jobs could be done from home with the support of computers and the Internet.
June 23rd, 2014 - 09:26 GMT

Keeping them 'where they belong'? Working from home option introduced for Saudi women

Al Bawaba
June 23rd, 2014 - 07:18 GMT

InterContinental Hotels & Resorts dishes up exciting culinary delights for children with new menu

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