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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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Almost Half a Million Expats Exit Saudi Labor Market in 3 Months. (SG)
May 2nd, 2018 - 08:20 GMT

Almost Half a Million Expats Exit Saudi Labor Market in 3 Months

Dubai and the UAE provide the ideal platform for innovative entrepreneurs and digital startups to grow globally. (Shutterstock)
May 2nd, 2018 - 07:23 GMT

UAE Number 1 in MENA Region for Investment in Startups and Number of Deals

Following the emir's visit to Rabigh last year, about 5,000 male and female university graduates were employed by the private sector. (AFP)
May 1st, 2018 - 01:00 GMT

Makkah Project to Employ Over 10,000 Saudi Youths

The announced prices are inclusive of 5 per cent VAT. (Shutterstock)
May 1st, 2018 - 08:00 GMT

UAE Increases Fuel Prices for May

Dubai topped the list of award-winning cities with 20 hotels, followed by seven hotels in Abu Dhabi and two hotels in Makkah, Saudi Arabia. (SG)
May 1st, 2018 - 07:00 GMT

Saudi, Dubai and Abu Dhabi on the Top ‘Most Wanted List’ for Hotels in the Middle East

The results indicated that the economic participation of Saudi females has increased by 19.4% compared to 17.8%. (Shutterstock)
May 1st, 2018 - 06:00 GMT

Economic Participation of Saudi Females Rises While Unemployment Rate Remains Stable

Abundant natural wonders and ancient treasures have long attracted tourists to the kingdom, traditionally seen as a haven of peace in a war-ravaged region. (Shutterstock)
April 30th, 2018 - 11:16 GMT

Jordan Woos Back Tourists After Years of Turbulence

Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was down $1.20. (Shutterstock)
April 30th, 2018 - 08:34 GMT

Gold Prices Slip as Dollar Climbs

Do we see any signs of Bitcoin taking off right now? (Shutterstock)
April 30th, 2018 - 07:53 GMT

Is Bitcoin Really About to Take off to the Moon or Has It Been Shot Down?

Lebanon’s IT market will grow at 10 percent CAGR to LBP 820 billion in 2019. (Shutterstock)
April 30th, 2018 - 07:24 GMT

Internet of Things Boosts Lebanon’s IT Market to LBP 820 Billion by 2019

Only a handful of Saudi women are appointed to the board of major Saudi companies. (AFP)
April 30th, 2018 - 06:40 GMT

Saudi Aramco Appoints First Female Executive

On average, female-founded companies create over 60 per cent more value for investors than those founded by men. (Shutterstock)
April 29th, 2018 - 09:06 GMT

Middle East Economies Is Closing More Than 60 Percent of Its Overall Gender Gap

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