In the past year some GCC markets showed some growth and others showed large declines. The Tadawul index increased the most (15%), followed by the Qatari index (11%). The Kuwait SE was the largest decliner, where it decreased 18% in the past year. Both UAE’s markets, DFM and ADX, where very volatile this year due to Dubai Wolrd debt issues, however the ADX managed to maintain its value while the DFM lost 15%.
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