Mideast Stocks: Egyptian shares fall while Saudi index holds steady – ZAWYA

Mideast Stocks: Egyptian shares fall while Saudi index holds steady – ZAWYA

mideast stocks: egyptian shares fall while saudi index holds steady dubai's emaar properties snaps four sessions of losses    a trader works at the egyptian stock exchange in cairo, egypt, december 3, 2015. egyptian shares dropped to a six-week low on thursday as investors fled stocks across the board, while the saudi index was little changed after opec and its allies agreed to taper record oil supply curbs from next month.the organization of the petroleum exporting countries (opec) and its allies, a group known as opec+, agreed on wednesday to scale back production cuts from august as the global economy slowly recovers from the covid-19 pandemic. the benchmark index in saudi arabia, the world's top crude oil producer, edged up 0.1% with saudi british bank advancing 2.6% while petrochemicals group saudi basic industries 2010.se eased 0.2%.the organization of the petroleum exporting countries (opec) and its allies, a group known as opec+, agreed on wednesday to scale back production cuts from august as the global economy slowly recovers from the covid-19 pandemic. egyptian shares dropped to a six-week low on thursday as investors fled stocks across the board, while the saudi index was little changed after opec and its allies agreed to taper