Most stock markets in the Gulf ended lower on Sunday after Friday's fall in oil prices and on Wall Street, while the Egyptian index outperformed after the IMF said 'big policy issues' were resolved with the country.
International Monetary Fund officials have resolved all major policy issues with Egyptian authorities in their discussions on a new lending programme, IMF Managing Director Kristalina Georgieva said on Friday.
Egypt has been pushing to tie up a new IMF package during the annual meetings of the IMF and World Bank in Washington this week, hoping to stem a currency crisis that has restricted imports and sparked market unease over foreign debt repayments.Register now for FREE unlimited access to Reuters.com
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