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Gulf Stocks Close Week Mixed
The Gulf financial markets concluded their week with mixed performances, with the Oman and Qatar indices rising, while the Saudi, Kuwaiti, and Dubai markets declined. Abu Dhabi's market experienced a slight increase amid optimism about negotiations between the U.S. and Iran and their potential impact on the market. Meanwhile, the Egyptian and Jordanian stock exchanges closed higher, as markets await U.S. employment data and monitor tensions in the Strait of Hormuz, along with fluctuations in oil prices due to geopolitical developments.
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