Al Masah Capital: Al Masah Capital Weekly Report: Mena markets generally cautious; buying picks up in Egypt and Saudi

Saudi Arabia went up by 1.11% as it finally reacted to oil staying above $50Oil prices ended last week in the USD51.5 - USD52 range resulting in MENA markets maintaining a cautious approach with the exception of Egypt and Saudi. UAE markets were mainly down with Dubai and Abu Dhabi showing weakness of -0.59% and -0.97% respectively coupled with sub