MIDEAST STOCKS-Middle East markets edge up as Yemen air strikes end

April 22, 2015 2:15 PM

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DUBAI, April 22 (Reuters) - Most major stock markets in the Middle East rose modestly on Wednesday after Saudi Arabia and its allies in the region decided to end a campaign of air strikes against Yemen's Houthi rebels.

Riyadh announced late on Tuesday that it was ending a month-long offensive against the Houthis, who seized large areas of Yemen, and said it would back a political solution to bring peace to its war-ravaged neighbour.

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