An investor gestures as he monitors a screen displaying stock information in Riyadh, Saudi Arabia, November 6, 2017. REUTERS/Faisal Al Nasser
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Stock indexes across the Gulf were among the world's worst performers after a corruption crackdown in Saudi Arabia and heightened geopolitical tension rattled investors.Saudi Arabia's Tadawul All Share Index lost as much as 3.1 percent, the most in a year, before trimming losses to close 0.7 percent lower.Trading on Saudi Arabia's index exceeded 200 million for the first time since June.The DFM General Index dropped 1.8 percent, Qatar's QE Index fell 1.1 percent, Bahrain Bourse All Share Index retreated 1 percent, Egypt's EGX 30 Index declined 0.1 percent, and Abu Dhabi's ADX General Index retreated 0.4 percent.Prince Al-Waleed bin Talal, a billionaire with investments in companies including Citigroup Inc. and Apple Inc., was among those arrested. Shares of the company he founded, Kingdom Holding Co., fell 10 percent Tuesday, bringing the three-day slump to 21 percent.
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