Banking shares in Saudi Arabia may buoy the bourse on Wednesday after two large banks said they were in initial stages of tie-up talks
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Business Blog
Here are some factors that may affect Middle East stock markets on Wednesday.
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Announcement by the lenders is the latest example of consolidation in the Gulf's banking sector
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Two Qatari blue chip shares weighed on the local index in early trade on Tuesday after reporting a disappointing set of quarterly earnings
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Net profit for the three months to March 31 was $126.91mln
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A disappointing set of quarterly earnings from two Qatari blue chips may weigh on the its index on Tuesday
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