MIDEAST STOCKS-Saudi Arabia rises on strong earnings, CIB lifts Egypt - Yahoo News:
"Saudi Arabia's bourse rose in early trade on Wednesday after a mostly positive batch of earnings reports. Egypt's market also advanced.
The main Saudi index climbed 1.2 percent.
National Commercial Bank (NCB), the kingdom's biggest lender, added 1.5 percent. NCB posted a 2.8 percent rise in first-quarter net profit to 2.61 billion riyals ($696 million) on Tuesday. This was above SICO Bahrain's quarterly profit forecast for NCB of 2.15 billion riyals."
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