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Most stock markets in the Gulf ended higher on Tuesday ahead of a widely expected pause in interest rate hikes by the U.S. Federal Reserve, while falling crude prices weighed on investor sentiment.
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Most stock markets in the Gulf rose in early trade on Monday on optimism the U.S. Federal Reserve would pause its rate hikes this month, while rising oil prices cheered investors.
Most stock markets in the Gulf ended higher on Monday on optimism the U.S. Federal Reserve would pause its rate hikes this month, while rising oil prices cheered investors.
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Most stock markets in the Gulf ended higher on Sunday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world's biggest economy, while jobs data fuelled hopes for a possible pause in Fed rate hikes.
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Iran's navy commander said his country and Saudi Arabia, as well as three other Gulf states, plan to form a naval alliance that will also include India and Pakistan, Iranian media reported on Saturday.