MIDEAST STOCKS-Saudi up amid royal succession talk, UAE's Dana resumes surge:
"Saudi Arabia’s stock market rose on Thursday amid rumours that Crown Prince Mohammed bin Salman might soon take the throne, while Abu Dhabi-listed Dana Gas resumed rising sharply in the wake of its deal to obtain payments from Iraqi Kurdistan.
“The royal palace is finalising plans to transfer power from King Salman to his son, Crown Prince Mohammed bin Salman,” geopolitical consultancy Eurasia Group said in a report, predicting the plans would be implemented “soon”.
Saudis have been exchanging similar predictions on Twitter for days. Another prevalent rumour is that King Salman, 81, may transfer the post of prime minister to his son."
'via Blog this'
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