MIDEAST STOCKS-Saudi up despite lower oil, Egypt edges lower

Investors in Saudi Arabia's stock market shrugged off further losses in oil prices in early trade on Monday, while Egypt's bourse edged lower. Saudi Airlines Catering added 1.0 percent after the company said it had signed a contract with Saudi Airlines Real Estate Development Co to provide catering and other entertainment services for the Saudia Hotel. Saudi Arabian Mining (Ma'aden) added a further 1.7 percent, heading for a third straight session of gains.