MIDEAST STOCKS-Saudi up on purge progress, Qatar down after fighter jet report:
"Saudi Arabian stocks continued rising on Monday on signs that Riyadh’s crackdown on corruption is nearing completion, while Qatar’s bourse fell steeply after the United Arab Emirates said Qatari fighter jets intercepted an Emirati civilian aircraft.
The Saudi index rose 0.6 percent, outperforming the rest of the region, after surging 1.4 percent on the previous day.
The luxury Riyadh hotel used as a prison during the corruption purge will reopen for business on Feb. 14, according to a company employee and its website, suggesting authorities are close to settling the cases of many of the dozens of detained princes, officials and businessmen."
'via Blog this'
No comments:
Post a Comment