Last updated: 27 August, 2013

Dubai stocks dive 7% as Gulf markets hit by Syria crisis

Dubai share prices dived 7.0 percent on Tuesday, leading the falls as Gulf Arab stock markets took a hit from fears of possible US military intervention in Syria.

Prices on the Kuwait Stock Exchange fell 6.0 percent while the largest Arab stock market in Saudi Arabia shed more than 3.0 percent, nearly two hours before closing time.