MOSCOW, Sept 16 (Reuters) - Russia's benchmark RTS stocks index fell over 10 percent on Tuesday, renewing lows not seen in more than two years.
By 1151 GMT, the index was down 10.1 percent on the day at 1,149.2, dragged down by weakness in global markets, the financial sector and the oil price.
The rouble-denominated MICEX index fell 11.3 percent to 937.5 points -- its lowest since December 2005. (Reporting by Simon Shuster, editing by Toni Vorobyova)
DUBAI (Reuters) - Gulf Arab states are likely to keep their large spending packages in place next year, even as major economies withdraw stimulus, as higher oil prices give the world's top oil exporting region enough room to support a fragile recovery.
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