DUBAI: A severe recession continues today in the stock markets of the middle east.
According to Arab TV, there is a trend of severe recession today at the start of trading in the stock markets of the United Arab Emirates and Oman due to world monetary crisis.
A decline of six per cent in Dubai stock market, three per cent in Kuwait, four per cent in Abu Dhabi and 3.5 per cent in Muscat stock market has been witnessed.
This may be called that stock markets all over the world are facing the situation of crash due to world monetary crisis during the previous week.
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