When America sneezes, the rest of the world catches a cold...well, this cold has reached the hot desert of Arabia. The demise of Wall Street has reached the Arabian Sahara and is threatening to put an end to its construction boom, which has flourished from several years of petro-bonanza.
Shortly after Eid al- Fitr, the Holiday marking the end of Ramadan, stock markets across the Arab world experienced unprecedented sharp losses when trading began. The seven stock markets in the...
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