MIDEAST STOCKS-Gulf falls after oil dips; investment deals lift Egypt | Reuters:
"Cheaper oil dragged down Gulf stock markets on Sunday, while Egypt rose after an international conference pledged tens of billions of dollars of investment for the country.
Brent crude settled near a one-month low below $55 a barrel on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency that the oil glut is still growing.
Prices of many petrochemical products are linked to the price of oil, and cheaper oil squeezes the margins of Gulf producers."
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