UPDATE 2-MIDEAST STOCKS-Strong oil supports Saudi Arabia; Egypt slips | Reuters:
"Saudi Arabia's stock market rose in early trade on Sunday, supported by stronger oil prices, while Egypt's bourse edged down.
Brent crude hit a 4-1/2-month high of $65.80 on Friday because of continued fighting in Yemen and, although U.S. crude fell on concerns about another upcoming stock build, both benchmarks posted weekly gains.
The main Saudi equities index added 0.6 percent on Sunday morning and petrochemicals giant Saudi Basic Industries (SABIC), which is poised to benefit from stronger oil, was the main support, rising 1.9 percent."
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