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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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Escalating conflict in Iraq is making holders of the country's international debt nervous about whether they will get repaid.
June 22nd, 2014 - 03:55 GMT

With the conflict escalating, where do Iraqi bondholders stand?

For years, the administration of former president Mahmoud Ahmadinejad put off all but the most adventurous travelers.
June 22nd, 2014 - 03:55 GMT

What's going on? 400% increase in British tourists to Iran

“The idea is to put fear in these migrant workers. No one speaks up and everyone works as a robot,” he said. “The migrant workers have built these countries and for them to be treated this way is just obscene.”
June 20th, 2014 - 11:18 GMT

Why, despite midday break, the Gulf countries should not be given a break from modern-day slavery criticism

The SAMA measure comes in line with the Ministry of Labor’s efforts to put a limit to the control of expatriates over some commercial activities, more commonly known as tasattur.
June 20th, 2014 - 11:12 GMT

Fighting 'tasattur' with xenophobia? Saudi Arabia to 'keep an eye' on expats' bank accounts

Israeli refineries have taken Kurdish crude oil before but in small volumes, which were shipped to Turkish ports by truck.
June 20th, 2014 - 01:01 GMT

Is this what 'autonomy' means? First Kurdish oil shipment headed to Israel

Investment in research and development (R&D) grew 29 percent in 2013 to reach TL 5.8 billion, though Turkey has a long way to go to reach its ambitious R&D targets for 2023.
June 19th, 2014 - 10:22 GMT

Aiming for $60 billion by 2023, Turkey R&D spending grows by a third

Amazon CEO Jeff Bezos has unveiled a new smartphone called Fire Phone.
June 19th, 2014 - 10:18 GMT

Talk about abandoning its comfort zone: an inside look into Amazon's 'Fire Phone'

Rolls-Royce shares jumped 7 percent on Thursday after the British aero-engine maker decided to buy back shares worth 1 billion pounds ($1.69 billion) instead of making any major acquisitions.
June 19th, 2014 - 10:06 GMT

Not so fancy? Rolls Royce to return $1.7 billion to investors

Al Bawaba
June 19th, 2014 - 09:59 GMT

GCC visitors spend $500,000 on first few days of World Cup

Jordanians and tourists will be able to take a bus tour of old Amman as part of an initiative launched by the Jordan Express Tourist Transportation Company (JETT).
June 19th, 2014 - 09:46 GMT

London, be jealous: Amman to introduce free tourist bus in Ramadan

Al Bawaba
June 19th, 2014 - 03:42 GMT

If only its economy was the only thing tainted, Israel's black economy stands at 6.6% of GDP

Al Bawaba
June 19th, 2014 - 12:08 GMT

What's keeping the resignation of Arabtec's billionaire CEO a mystery?

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