Mideast Stocks: Dubai index leads major Gulf markets higher

Mideast Stocks: Dubai index leads major Gulf markets higher

Major stock markets in the Gulf ended higher on Monday, with financial shares boosting the Dubai index.Saudi Arabia's benchmark index rose 0.5%, with Dr Sulaiman Al-Habib Medical Services rising 3.1% and Saudi Telecom Company  gaining 1.8%.The kingdom plans to resume tourist visas by early 2021 after months of suspension as part of efforts to prevent the spread of the coronavirus, Saudi Arabia's tourism minister told Reuters. Dubai's main share index rose 0.7%, buoyed by a 1.9% gain in Emirates NBD Bank and a 1.2% increase in sharia-compliant lender Dubai Islamic Bank.Amongst others, Aramex closed up 2.1%, snapping two sessions of losses triggered after the logistics firm on Wednesday confirmed that a portion of its warehouse facility in Morocco had been damaged in a fire. The Abu Dhabi index edged up 0.1%, supported