MIDEAST STOCKS-Qatar firms after cabinet reshuffle; other markets subdued | Reuters:
Qatari stocks ended firmer on Sunday following a government reshuffle, while markets elsewhere in the region, including Saudi Arabia, were mostly weaker in lacklustre trade.
Qatar, the world’s top liquefied natural gas producer, announced the appointment of the heads of its biggest bank and state-run oil firm to two key ministerial posts, in the first reshuffle since early 2016.
It also announced a board restructuring for state-run Qatar Petroleum (QP) and Qatar Investment Authority (QIA), the world’s ninth largest sovereign wealth fund with about $300 billion in assets.
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