Local bourses were little changed this morning as news emerged that Osama bin Laden was killed by US forces.
"Osama's death to regional markets is immaterial," said Mohammed Ali Yasin, chief investment officer at CAMP Investments in Abu Dhabi. "We have bigger issues that are dampening sentiment such as the civil war in Libya," he said.
President Barack Obama said Bin Laden was killed in Pakistan on Sunday. The US is in custody of his body.
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