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Weak oil and global bourses pull down Gulf; Egypt rises

Weak oil prices and global equity markets pulled down stocks in the Gulf yesterday, with some Saudi Arabian petrochemical shares and banks falling sharply, but Egypt edged up on the back of its currency’s firmness in the unofficial market. Qatar outperformed, falling only 0.3% because of a 1.3% rise by…

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Click here to read the full story: Gulf News

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