MIDEAST STOCKS-Gulf may edge up on U.S. markets, Saudi reshuffle
Gulf stock markets may edge up on Sunday in response to firmer U.S. stock prices and a reorganisation of the government in Saudi Arabia, which could encourage investors there. Bourses in the region slipped on profit-taking last week but a modest recovery of Wall Street and oil prices on Friday may encourage some cautious buying-back of stocks in the Gulf. The Saudi reorganisation, which replaced the oil minister and central bank governor and restructured some major ministries, may please local i
Read more »