From Zawya.com: In a recently published quarterly report by Kuwait Financial Centre “Markaz”, which aims to analyze the performance of over 150 equity funds across the region, GCC markets were positive in the third quarter as all markets saw gains following a lackluster summer and slow Ramadan month; the Dubai World debt issue was resolved with the bulk of creditors coming on board for the restructuring.
Positive ratings and economic news also lifted sentiment across the Gulf in addition to increasing crude oil prices……………………………………….Full Article: Source