Most of the Gulf banks have collapsed in the midst of the ongoing conflict in the Middle East.

صحيفة الاقتصادية

Most of the Gulf banks have collapsed in the midst of the ongoing conflict in the Middle East.

Most of the stock markets in the Gulf today collapsed on Wednesday in conjunction with the recession in the Middle East. The Dubai index fell 0.1 percent at the end of today's trading session, while the Dubai index rose 0.1 percent to 4170 points. Oil prices dropped slightly, with Brent crude registering $88.02 after a dramatic decline in U.S. crude stocks and a decline in business activity in the world's largest oil-consuming market. Qatar's in…