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Most Gulf stock indexes closed higher on Tuesday, as fears of a banking contagion eased, while rise in oil prices amid supply disruption risks and strong demand recovery in China also lifted sentiment.
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Paul Rusesabagina, who was portrayed as a hero in the film "Hotel Rwanda" about the 1994 genocide, has arrived in Qatar after being released from prison in Rwanda last week, Rwanda's government spokesperson said on Tuesday.
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Major Gulf markets opened mixed on Monday, mirroring gains in oil prices as investors pin their hopes on modest interest rate hikes amid governments' efforts to soothe fears over the global banking system.
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Qatar's bourse plans to introduce a new derivatives market that will allow investors to trade options and futures on local stocks and its equity index, the country's financial regulator said on Monday.
Gulf stock markets were mostly subdued on Monday, with banking shares taking the biggest hit across the markets as investors in the region were cautious despite some gains in oil prices and an easing of global banking stability fears.