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Mideast unaffected by bomb plot
- Saudi Arabia: Saturday, August 12 - 2006 at 08:56
Middle Eastern markets are unlikely to be affected by the report of an alleged attempt by terrorists in the UK to blow up passenger jets over the US, reported Gulf News. Indeed, the UK's FTSE Index closed only slightly lower on Friday, down 3.3 points, after initially making gains. In the US, shares of the three supposedly targeted airlines, United, American and Continental all dropped by around 7%.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, August 12 - 2006 at 08:56 UAE local time (GMT+4)
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