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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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150 people gathered in central Beirut and chanted slogans against Lebanon’s politicians, calling them “corrupt.” (AFP)
December 27th, 2018 - 10:57 GMT

Second Protest in Lebanon Over Economic Instability

Anger grew over the death of a journalist who set himself on fire over economic conditions, prompting clashes to spread from an impoverished western city overnight. (AFP)
December 27th, 2018 - 10:08 GMT

Clashes in Tunisia Spread Nationwide, Decrying Dire Living Conditions

The services will run between Qatar’s Hamad Port, Oman’s Sohar port and Kuwait’s Shuwaikh Port. (Shutterstock)
December 27th, 2018 - 10:00 GMT

New Qatar-Oman-Kuwait Shipping Line Opens

Turkish business body head foresees country's economy to grow 1 percent next year, inflation rate to hover around 17 percent. (Shutterstock)
December 27th, 2018 - 09:49 GMT

Turkey's Outlook on Its Economy for 2019

The most susceptible today are in the high-tech, chemicals, industrial machinery and equipment, infrastructure and retail sectors. (Shutterstock)
December 27th, 2018 - 09:41 GMT

Middle East Entrepreneurs Fear $400 Billion Disruption Risk

India is one of the largest consumers of crude oil and since Iran has been one of the key suppliers. (Shutterstock)
December 27th, 2018 - 09:00 GMT

India Hopes US Will Extend Sanctions Exemption on Iranian Oil

Traditional retail environment is evolving into an omni-channel experience. (Shutterstock)
December 27th, 2018 - 08:54 GMT

UAE's Omni-Channel Retail Experience to Rise to $63.8 Billion by 2023

The Middle East and North Africa’s digital startup ecosystem is rapidly growing. (Shutterstock)
December 27th, 2018 - 08:48 GMT

Report: MENA Startups Nailed 270 Deals Worth $650 Million

Don't ignore these messages and compromise your account. (Shutterstock)
December 27th, 2018 - 07:03 GMT

Beware of This New WhatsApp Scam in UAE

The results of a study on the impact of the fees on the expatriates will be announced within a month. (Shutterstock)
December 27th, 2018 - 06:58 GMT

Saudi to Unveil Results of Study on Expat Fees in 30 Days

Bahrain will soon become the third of the six Gulf Cooperation Council (GCC) member states, after the UAE and Saudi Arabia, to introduce the consumption-based tax placed on goods and services. (Shutterstock)
December 27th, 2018 - 06:49 GMT

The Real Impact of VAT on Bahraini Companies and Individuals

It is clear that in the Middle East, starvation is not due to lack of resources. (Shutterstock)
December 26th, 2018 - 10:58 GMT

Will the 'Yellow Vests' Solve the Financial Issues in the Arab World?

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