Arab bourses suffer as Gulf stock loses $538 bn
Friday, November 21st, 2008Arab stock markets continued their downward journey this week, with financial analysts Friday citing unjustified ‘panic and psychological pressures’ from the turmoil on global markets.
According to a report by the Kuwait-based Global International Investments House released Friday, the stocks of the oil-rich six member states of the Gulf Cooperation Council, lost 47.5 percent of their [...]