1 | CAIRO (AP) " Egypt's main stock index has fallen to its lowest level in almost two years. |
2 | The market, known as EGX 30, closed at 6784.09 on Sunday, the start of the trading week, falling to its lowest level since December 2013. |
3 | The 5.43-percent drop came after a steady fall last week, and as other Middle Eastern markets also tumbled, and it follows an overall global slowdown. |
4 | Dubai's stock market closed nearly seven percent lower after a further slide in oil prices. |
5 | Oil futures are continuing to fall because of ample supplies of crude and a slowing global economy. |
6 | Brent crude, a benchmark for international oil, fell more than a dollar to close Friday at $45.46 while the price of U.S. crude closed at $40.45. |