MIDEAST STOCKS-Gulf falls after oil dips; investment deals lift Egypt

March 15, 2015 2:16 PM

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DUBAI, March 15 (Reuters) - Cheaper oil dragged down Gulf stock markets on Sunday, while Egypt rose after an international conference pledged tens of billions of dollars of investment for the country.

Brent crude settled near a one-month low below $55 a barrel on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency that the oil glut is still growing.

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