Gulf bourses mixed on Iran-US standoff, Saudi index rises 0.8%
Saudi Arabia's benchmark index gained 0.8%; Qatar fell 0.3% and Egypt dropped 1.4%.
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Gulf bourses mixed on Iran—US standoff, while Saudi gains
By Ateeq ShariffGulf stock markets ended mixed on Sunday after US President Donald Trump rejected an Iranian peace blueprint aimed at ending hostilities and reopening the vital Strait of Hormuz.While Tehran maintained that diplomacy remains the only viable resolution to its conflict with the United…