MIDEAST STOCKS-Qatar's FIFA panic short-lived; Saudi slips, tracking oil | Reuters:
"Qatar's stock market closed nearly flat on Wednesday after a brief, panicked sell-off triggered by Sepp Blatter's surprise resignation from world soccer body FIFA. Dubai rose while other Gulf markets moved little.
The Doha index slid as much as 3.2 percent to a seven-week low shortly after the market opened. Blatter's decision to quit, just days after he was elected as FIFA president for a fifth term, increased investor fears that Qatar could be stripped of its right to host the 2022 World Cup.
Doha was awarded the World Cup in a 2010 vote. Corruption probes into FIFA by Swiss and U.S. authorities have now raised the prospect of key decisions made on Blatter's watch being reviewed."
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