Major Gulf markets slide on US slowdown worries

Major stock markets in the Gulf fell in early trade on Tuesday, as investors fretted that a wide-ranging trade war could dent U.S. economic growth and lead to a recession. Saudi Arabia's benchmark stock index declined 1.3%, weighed down by a 1.6% slide in Al Rajhi Bank and a 1.9% drop in Saudi National Bank (Read more at Zawya).