Arab markets continue to dive - Worldnews.com »
Posted By harmonrocks08 1 year, 1 month ago in NewsArab stock markets have fallen for the fourth straight day as fears grow that the global economic crisis has not been arrested by a $700bn bank rescue in the United States, the world's largest economy. Saudi Arabia's Tadawul All-Shares index, the largest in the Middle East, sank by more than 7.5 per cent on Wednesday. Minutes after opening, the index was trading at 5,782.03 points, its lowest level since July 2004. The fall came in spite of claims from Mohammad al-Jasser, the deputy governor of
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