MIDEAST STOCKS-Saudi falls after oil retreats, Egypt edges up | Reuters:
"Investors in Saudi Arabia sold stocks in early trade on Sunday after oil prices retreated at the end of last week and because of uncertainty over economic policy, while Egypt's bourse edged up.
Riyadh's index fell 1.5 percent in the first hour of trade. Saudi deputy crown prince Mohammed bin Salman told Bloomberg at the weekend that the Public Investment Fund would eventually control more than $2 trillion, partly by taking over shares in national oil giant Saudi Aramco, as it expanded to earn the government more income from investments.
There is uncertainty over how this process would be managed and the effect on the stock market."
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