Mideast Shares Climb With Earnings, Deals in Focus: Inside EM
- Egyptian stocks achieve biggest gain among Middle East peers
- AUB climbs in Bahrain, Kuwait amid potential merger with KFH
Photographer: Chris Ratcliffe/Bloomberg
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Most Middle Eastern stock indexes rose as investors tracked full-year earnings and merger deals.
Egypt’s main gauge advanced to its highest level since November. Global Telecom Holding added 10 percent after majority shareholder Veon Ltd. offered to support the company’s funding requirements and look at taking it private.