The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Al Khaliji (KCBK) Bank: The Qatari bank said it won’t proceed with a planned merger with International Bank of Qatar. The shares fell 1.1 percent to 17.65 rials.
Arriyadh Development Co. (ADCO) : The Saudi Arabian property developer awarded a contract valued at 59.3 million riyals ($16 million) to a local company to build cooling and freezing warehouses in southern Riyadh. The shares declined 1.7 percent to 14.90 riyals.
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