MIDEAST STOCKS-Sell-off may continue as global stocks, oil remain weak
Stock markets in the Middle East may remain under pressure on Monday after many bourses closed near their daily lows on Sunday and some stocks tumbled their daily limits.
Dubai, Saudi lead Mideast markets plunge after global sell-off
Stock markets across the Middle East tumbled on Sunday, led by Dubai and Saudi where the main indexes sank 6.5%, as declines on global bourses and falling oil prices sparked a broad sell-off in the region.
Builder Khodari may double capex to handle big Saudi projects
Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons says it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects.