DUBAI / Reuters Saudi Arabia outperformed other Gulf stock markets on Monday as several major stocks bounced after poor earnings earlier this week, while a bull run in Kuwait slowed and Egypt rebounded sharply from a slide triggered by tax fears. The Saudi index rose 1.7 percent in the highest trading volume since Jan. 2. Food maker Savola, which ...

  Bloomberg European stocks and bond yields dropped on Monday and the dollar hit a six-week low after U.S. President Donald Trump began his term in office with a protectionist speech that pushed a nervous market into safe-haven assets. World stocks hit multi-year highs earlier this month on expectations Trump would boost growth and inflation with extraordinary fiscal spending measures. ...

  DUBAI / Reuters National Bank of Kuwait (NBK) , the Gulf Arab state’s largest commercial lender, posted a 40 percent rise in fourth-quarter net profit, according to Reuters’ calculations, as the bank continued to benefit from government spending. The bank made a net profit of 75.9 million dinars ($248.9 million) in the three months to Dec. 31, compared with ...