MIDEAST STOCKS-Saudi, Egypt consolidate in thin trade | Reuters:
"The Saudi Arabian and Egyptian stock markets consolidated in thin, early trade on Thursday as investors mostly ignored firmer oil prices and global equities.
The Saudi index was virtually flat after 45 minutes of trade. Among the few major gainers was Islamic insurer SABB Takaful, which added a further 3.9 percent after surging 9.4 percent on Wednesday.
Standard & Poor's said in a report this week that gross insurance premiums in Saudi Arabia could rise nearly 25 percent this year, mainly because of tariff increases."
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