MIDEAST STOCKS-Egypt index rises after cabinet reshuffle, Saudi slips | Reuters:
"Egypt's stock market extended gains early on Thursday on hopes that a new cabinet could give the economy a boost, while Saudi Arabia's bourse slipped in line with soft oil prices.
The Egyptian index gained 0.6 percent in the opening minutes of Thursday, adding to its 0.9 percent rise on Wednesday in response to a cabinet reshuffle that appeared to focus on improving economic performance.
Banking veteran Amr el-Garhy was appointed finance minister and Dalia Khorshid, formerly an executive of Orascom Construction, was made investment minister."
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