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Profits take over Gulf markets during last week’s trading

Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …

Daily News Egypt

Kuwaiti rulers fight their internal battles on the sports field

Political infighting within Kuwait’s ruling family is about to take a dramatic turn with reports that the Gulf state plans to dissolve its national sports organisations in a blatant illustration of the incestuous relationship between sports and politics. The expected Kuwaiti move, part of an effort to sideline Sheikh Ahmad Al-Fahad Al-Sabah, a member of …

James Dorsey