MidEast Stocks Mostly Gain, Saudi Stocks Helped by Oil Prices - Nasdaq.com:
"Middle East shares mostly rose, with Saudi stocks finding mild support from firm oil prices . Brent crude was above $58 per barrel. In company news, Saudi Electricity Co (SEC) said the Saudi government is considering selling a large stake in the company to SoftBank Vision Fund, while maintaining a controlling stake. SEC, which is 74% owned by Saudi Arabia's Public Investment Fund, has assets estimated at around $100 billion."
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