The recovery of some Gulf markets, following their global assumptions

(MENAFN) Some Gulf markets recovered on Sunday, May 29, continuing their assumptions in the world and after the increase in black gold prices.

The Saudi stock also rose 1.3 percent, with the Al-Rajhi Bank index increasing by 2.3 percent, and the index of the black gold giant Saudi Aramco by 1.6 percent.

Among other indicators, the Zain index increased by 0.9 percent after it published today the approval of the Communications and Information Technology Commission in the Kingdom that Zain Business Ltd., a company owned by Zain Saudi Arabia, owns more than 8,069 headquarters of Zain Saudi Arabia’s communication towers.

The Qatari share also increased 0.3 percent, after three consecutive sessions of incursions, after the Industries Qatar index achieved profits by 1.3 percent and the Qatar National Bank index, the largest bank in the Gulf, rose by 1 percent.


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