MIDEAST STOCKS-Geopolitics weigh on region, UK sukuk ruling hits Dana Gas:
"Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics and concern about Saudi Arabia’s anti-corruption crackdown, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last few weeks, geopolitics have become a significant factor for regional markets amid concern about instability in Lebanon and the possibility of strong Saudi action against Iran. At the weekend, Saudi Arabia summoned its ambassador in Germany home for consultations over comments by German Foreign Minister Sigmar Gabriel about Lebanon."
'via Blog this'
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