Mideast Stocks: Most Gulf markets rise; Egypt bourse eases

Mideast Stocks: Most Gulf markets rise; Egypt bourse eases

Most Gulf markets ended higher on Thursday, with financial shares boosting the Dubai index, while the Egyptian market was hurt by a selloff in blue-chip shares.Saudi Arabia's benchmark index rose 0.3%, with oil giant Saudi Aramco gaining 1.1%, while Jabal Omar Development leapt 5.1%.The kingdom's energy minister on Thursday said OPEC+ will complete all compensations for oil overproduction before the end of the year. Dubai's main share index closed up 0.9%, led by a 1.9% rise in Emirates NBD Bank and a 0.9% gain in sharia-compliant lender Dubai Islamic Bank.Among others, logistic firm Aramex advanced 2.4% after Abu Dhabi's state-backed firm ADQ acquired a 22% stake in the company. The Abu Dhabi index edged up 0.1%, helped by a 1.3% increase in Emirates Telecommunications.Abu Dhabi National Oil Company (ADNOC) will reduce crude