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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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The ministry urged the public to cooperate with the police and to report those wanted by the security and judicial authorities. (Shutterstock)
August 2nd, 2018 - 10:53 GMT

500 Expats to Be Deported in Kuwait

The number of violators arrested in Saudi Arabia since November 15, 2017 has reached 1,483,009. (Pixabay)
August 2nd, 2018 - 09:56 GMT

Over 10,000 Expats Deported Within One Week in Saudi Arabia

Saudi remittances abroad in the first half of this year reached SR33.01 billion compared to SR27.58 billion during the same period last year, registering a growth of 19.7 percent or SR5.43 billion. (Shutterstock)
August 2nd, 2018 - 09:47 GMT

After the Exodus: Expat Remittances Fall 16.9 Percent

The stimulus package introduced in early June this year will drive initiatives that directly affect the real estate sector. (Shutterstock)
August 2nd, 2018 - 09:38 GMT

Real Estate Market to Grow Significantly in Abu Dhabi

If you want to get bitcoins based on a fixed mining power, but you do not want to run the hardware, you can purchase a mining contract. (Shutterstock)
August 2nd, 2018 - 09:12 GMT

All You Need to Know About Bitcoin

Hundreds chant “death to the dictator" at industrial complex. (AFP)
August 2nd, 2018 - 09:02 GMT

Demonstrations in Iran as Economy Deteriorates

Cryptech highlighted that it believes that the Blockchain 2021 strategy by government agency Smart Dubai will deliver a major boost to the economy. (Shutterstock)
August 1st, 2018 - 11:05 GMT

Cryptech: Blockchain Technologies to Transform Dubai Real Estate Industry

From August to October, the Treasury will repay 13.8 billion Turkish liras ($2.8 billion) of external debts, including 6 billion liras ($1.2 billion) interest payment. (Shutterstock)
August 1st, 2018 - 10:38 GMT

Turkey to Repay $7 Billion Debt in the Coming Three Months

Jordanian engineers will have a major role in the reconstruction of neighbouring Iraq. (Shutterstock)
August 1st, 2018 - 09:48 GMT

Jordanian Engineers to Reconstruct Iraq

The construction of the Bus Rapid Transit should be done by late 2020. (The Jordan Times)
August 1st, 2018 - 09:40 GMT

Bus Rapid Transit in Jordan to Operate in 2020

e-recruitment in the Kingdom of Saudi Arabia’s IT and Telecom sector recorded a substantial increase of 29 percent from June 2017. (Shutterstock)
August 1st, 2018 - 07:28 GMT

Report: Saudi IT & Telecom Sector Records 29 Percent Increase in Hiring

A Dh1 million fine will also be incurred by developers for late projects. (Shutterstock)
August 1st, 2018 - 07:20 GMT

Real Estate Developers in Abu Dhabi to Face up to Dh1 Million Fine

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