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Gulf Markets Rise as Traders Await Aramco IPO Details

(Bloomberg) --Equity markets in the Middle East advanced, tracking earlier emerging market gains. Saudi Arabia’s benchmark led the way, as traders wait for Saudi...

Emirates NBD increases its FOL to 20%, fuels high for Dubai stocks

Emirates NBD Bank on Monday increased its Foreign Ownership Limit (FOL) to 20% and announced its intention to increase it to 40% in the...