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Gulf bourses end higher on oil prices; Egypt stocks down on profit-taking

Gulf bourses benefited from recovering oil prices to all close higher yesterday, although Egypt’s exchange stumbled for a second day as investors took profits from a rally inspired by future currency devaluation speculation. Crude rose from the near-two-month lows hit the previous day: Brent crude was up $1.29 at $47.54…

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Click here to read the full story: Gulf Times

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