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Read More »Gulf markets mixed but banks buoy Saudi
DUBAI / Reuters Gulf stock markets were mixed on Wednesday but Saudi Arabia was boosted by banks after credit rating agency Moody’s raised its outlook for the kingdom’s banking system to “stable” from “negative”. The Saudi stock index climbed 0.7 percent as 11 of the 12 listed banks gained, with the biggest, National Commercial Bank, rising 2.4 percent. “Saudi …
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