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Gulf equities rebound in August, MSCI GCC Index gains 3.9%

Gulf equity markets rebounded in August. The MSCI GCC Index rose 3.9%, ending three consecutive months of declines, and posted its strongest monthly performance in seven months, Kamco Invest says.

Gulf equity markets rebounded in August, with the MSCI GCC Index rising 3.9% and ending three consecutive months of declines, Kamco Invest says.

The gain was the index's strongest monthly performance in seven months and came as regional geopolitical conditions stabilized and global equities advance…