UPDATE 2-MIDEAST STOCKS-Saudi rises after strong data, property stocks lift Egypt

March 3, 2015 11:56 AM

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DUBAI, March 3 (Reuters) - Saudi Arabia's stock market rose in early trade on Tuesday after strong economic data, while Egypt edged up on positive corporate news.

Growth in Saudi Arabia's non-oil private sector accelerated to a four-month high in February as lavish handouts to citizens by the new king buoyed the economy despite the plunge in oil prices, the SABB HSBC purchasing managers' index showed.

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