ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Mideast stocks shrug off Turkey coup as Almarai rises on profit
Bloomberg Most Gulf stock indexes rose, even after an attempted coup in Turkey that began on Friday rattled global markets. Saudi Arabia’s Almarai Co., the region’s largest publicly-traded packaged-food manufacturer, climbed as much as 5.5 percent before closing 2.3 percent higher as it posted a 19 percent increase in second-quarter profit. It was the third-biggest contributor to the Tadawul …
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