Mideast markets drop on oil, virus fears

Mideast markets drop on oil, virus fears

Kuwait's index dived 10 percent, its second biggest-ever single day loss. Saudi Arabia's index closed down 8.32 percent at its lowest since November 2017, with most of its constituents trading in the red.. Saudi Aramco tumbled 9.1 percent, its sharpest percentage fall in a day, to SR30 ($8).. Al-Rajhi Bank and the country's largest lender National Commercial Bank fell 7.1 percent and 10 percent respectively.. Tunisia cuts 2020 growth forecast, seeks new IMF deal /node/1638761/business-economy. Tunisia now expects growth of just 1 percent this year.. Tunisia cuts 2020 growth forecast, seeks new IMF deal. Fakhfakh did not give details about his hopes for a new deal. ". Tourism accounts for about 8 percent of Tunisia's gross domestic product (GDP) and is a key source of foreign currency, with around 9 million tourists visiting the country last year..