MIDEAST STOCKS-Major bourses rebound after oil, global stock markets recover | Reuters:
"Major stock markets in the Middle East rebounded on Sunday, joining the global market rally at the end of last week as investors took solace in the bounce-back in crude oil prices.
Brent surged 10 percent to $32.18 a barrel on Friday, as bearish traders who had taken out record short positions scrambled to close them.
The benchmark S&P 500 U.S. equity index rallied 2 percent and registered its first positive week of 2016 and the MSCI All Country World Index rose 2.7 percent."
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