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Most stock markets in the Gulf were mixed in early trade on Monday after U.S. jobs data pointed to a tight labour market, firming up expectations that the U.S. Federal Reserve will raise interest rates at its meeting next month.
Most stock markets in the Gulf ended lower on Monday after U.S. jobs data pointed to a tight labour market and heightened expectations the U.S. Federal Reserve will raise interest rates at its meeting next month.
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Saudi Arabia's stock market finished higher on Sunday, ending two sessions of losses, while the Egyptian bourse extended losses on rising inflation.
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Iran and the United States have reached an agreement to exchange prisoners, Iranian Foreign Minister Hossein Amirabdollahian told state TV on Sunday, but Washington denied it as a "false" claim by Tehran.
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Major stock markets in the Gulf inched lower in early deals on Thursday, as mounting evidence of a U.S. slowdown fuelled worries about a possible global recession.