Sunday 13 September 2015

MIDEAST STOCKS-Egypt up after govt reshuffle; Gulf falls alongside oil | Reuters

MIDEAST STOCKS-Egypt up after govt reshuffle; Gulf falls alongside oil | Reuters:

"Most Gulf stock markets fell on Sunday, tracking oil prices, while Egypt rose after the country's oil minister, a successful reformer, was asked to form
a new government.
The Cairo index climbed 0.6 percent with most stocks positive after President Abdel Fattah al-Sisi on Saturday asked Oil Minister Sherif Ismail to name a new cabinet.

The government had submitted its resignation shortly after authorities arrested Egypt's agriculture minister over corruption allegations."



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