Saudi Arabia's stock index
declined on Sunday, as political concerns weighed on
investors after Iran's seizure of a British-flagged tanker in
Britain called Iran's action against the Stena Impero in the
Strait of Hormuz on Friday a
Kuwait has handed over to Egypt eight Egyptians who it said had admitted to carrying out terrorist operations in their home country, and had fled to Kuwait after being convicted in Egypt, the state news agency KUNA reported.
Major Gulf markets closed higher on
Tuesday, mostly riding on banks after Egypt's EFG Hermes
forecast a higher second-quarter profit for the Middle East's
financial sector, while Kuwait continued to rise for a
Most Gulf markets recovered from earlier
losses on Monday to close higher, with Saudi lifted by financial
shares and Kuwait rising for the eighth straight session
following MSCI's decision to include the country in its
Saudi stocks fell on Sunday in
response to a fall in profits at food company Almarai and
weakness in blue-chip stocks, while the Kuwait index rose for
the seventh straight session buoyed by the recent MSCI move to
upgrade Kuwaiti stoc
Kuwaiti athletes will compete at next year's Tokyo 2020 Olympics under their country's flag after the International Olympic Committee (IOC) on Friday lifted its suspension of the nations after almost four years.
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