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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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A total of 4,557 expatriates were deported and another 5,413 arrested for “violating provisions of the Labour Law”. (Shutterstock)
January 15th, 2019 - 08:17 GMT

More Than 4,500 Expats Deported, 5000 Arrested in Oman

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar (Shutterstock)
January 15th, 2019 - 08:04 GMT

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar

Market sentiment should improve in the long run as the new visa regulations will provide a boost to the UAE's real estate market. (Shutterstock)
January 15th, 2019 - 07:30 GMT

UAE Relies on Visa Reforms to Stimulate Property Market

The Iranian foreign minister commended Iraq's positive stance on the promotion of ties with Iran (Shutterstock)
January 14th, 2019 - 11:25 GMT

Iraq to Strengthen Trade Ties With Iran Despite US Sanctions

Saudi Arabia to Construct $10 Billion Oil Refinery in Pakistan (Shutterstock)
January 14th, 2019 - 10:18 GMT

Saudi Arabia to Construct $10 Billion Oil Refinery in Pakistan

More Than $6 Billion Allocated to Support SMEs in Egypt (Shutterstock)
January 14th, 2019 - 09:57 GMT

More Than $6 Billion Allocated to Support SMEs in Egypt

Aramex Acquires Saudi Company for $80 Million (AFP)
January 14th, 2019 - 09:15 GMT

Aramex Acquires Saudi Company for $80 Million

Jordan and Egypt on Sunday signed agreements under which the Kingdom will be provided with half of its needs of natural gas to generate electricity for 2019. (Shutterstock)
January 14th, 2019 - 08:59 GMT

Egypt to Supply Jordan With 50 Percent of Its Gas Demand

Qatar, US to Bolster Bilateral Trade Ties (Shutterstock)
January 14th, 2019 - 08:49 GMT

Qatar, US to Bolster Bilateral Trade Ties

Dubai More Affordable Than 216 Cities (Shutterstock)
January 14th, 2019 - 08:26 GMT

Dubai More Affordable Than 216 Cities

Brent has bounced back above $60 a barrel and we retain our $70 a barrel forecast for 2019 (Shutterstock)
January 14th, 2019 - 08:16 GMT

Oil Price Average Projected at $70 This Year

The Industry, Commerce and Tourism Ministry received 1,130 VAT inquiries since January 1. (Shutterstock)
January 14th, 2019 - 07:52 GMT

Bahrain Commenced 2019 With More Than 1000 Inquiries About VAT

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