MIDEAST STOCKS-Most markets edge up but SABIC drags down Saudi | Agricultural Commodities | Reuters:
"Bourses in Qatar, Egypt and the United Arab Emirates edged up on Monday while Saudi Arabia's largest listed company, Saudi Basic Industries, dragged down that market after two of its subsidiaries posted disappointing quarterly earnings.
The Doha benchmark added 0.8 percent after slipping as much as 0.5 percent earlier in the session. Qatar Islamic Bank was among the main supports, adding 1.5 percent as it prepared to announce its quarterly results.
After trading closed, the lender posted a 15 percent jump in second-quarter net profit to 389.6 million riyals ($107 million), beating analysts' average estimate of 348.8 million riyals."
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