• MIDEAST STOCKS-Oil drop weighs on Saudi; dollar gains end Egypt rally

    MIDEAST STOCKS-Oil drop weighs on Saudi; dollar gains end Egypt rally
    Saudi Arabia's stock market slid on Sunday after oil prices dropped to within a few cents of a new six-year low and Egypt's bourse also declined after the dollar made gains. "The Saudi market has been trading sideways for sometime as investors await more clarity on macroeconomic policy," said Mohammad al-Shammasi, chief investment officer at Riyadh-based Derayah Financial. Saudi Arabian Fertilizer Company (SAFCO), rose 2.7 percent after the company said in a statement it will pay a dividend of 3

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