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MIDEAST STOCKS-Egypt rallies after Qatar loan; most Gulf mkts up 09-01-13 05:30 PM DUBAI, Jan 9 (Reuters) - Egypt's bourse hit a fresh 10-weekhigh on Wednesday after a $2.5 billion financial lifeline fromQatar spurred Cairo investors to buy equities, as most Gulfmarkets continued their rise on the back of strongfourth-quarter earnings expectations. Qatar lent the country another $2 billion and gave itanother $500 million outright to help control a currency crisis. Political ... Source... |
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