Monday 4 December 2017

MIDEAST STOCKS-Qatar rises on hope for resolution to dispute, rest of Gulf mixed | ZAWYA MENA Edition

MIDEAST STOCKS-Qatar rises on hope for resolution to dispute, rest of Gulf mixed | ZAWYA MENA Edition:

"Qatar's stock market rose sharply in early trade on Monday because of hopes that Doha can resolve its diplomatic dispute with four other Arab countries, while the rest of the region was mixed. Qatar's foreign minister said late on Sunday that Qatari Emir Sheikh Tamim bin Hamad al-Thani was expected to attend the annual summit of Gulf Arab heads of state in Kuwait on Tuesday and Wednesday.  There was no immediate comment from other Gulf nations on the Qatari announcement, and events at the summit are difficult to predict. Nevertheless, some investors hope Sheikh Tamim's attendance could be a step towards renewed dialogue with Saudi Arabia, the United Arab Emirates, Bahrain and Egypt. "



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