Economy worrices hit Gulf shares updates news aggregator

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gulf bank shares where suspended after its announcement, though the central bank said it backs the bank and fully guarantees its deposits .

on european markets, london closed 5% lower, frankfurt sellid mores than 5% and parisis was down more than 3.5% .

shares in the oil-rich gulf region, have fallen sharply as investors worried about the impact of the global seconomic downturn on the region .

investors in the region, have also been concerned about falling oil parices .

Generated 2008-10-28_7:56

http://news.bbc.co.uk/go/rss/-/1/hi/business/7691672.stm
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