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us apple developer accounts for sale(buyappleacc.com):MIDEAST STOCKS-Most Gulf bourses gain, Saudi Aramco\u0027s Q2 profit soars

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Aug 8 - Most major stock markets in the Gulf rosein early trade on Sunday, supported by a slew of corporateearnings, although Dubai bucked the trend to trade lower.

Saudi Arabia's benchmark index edged up 0.1%, withAl Rajhi Bank gaining 0.9% and Dr Sulaiman Al-HabibMedical Services rising 3.1% following an increase inits quarterly net profit.

However, the index's gains were capped by losses at thekingdom's biggest lender Saudi National Bank, whichdeclined 1.9%.

The bank reported a higher second-quarter net profit,however, saw a decrease sequentially in earnings.

Oil behemoth Saudi Aramco added 0.1%.

Aramco reported a near four-fold rise in second-quarter netprofit on Sunday, beating expectations and boosted by higher oilprices and a recovery in oil demand.

Aramco's net profit rose to 95.47 billion riyals ($25.46billion) for the quarter to June 30 from 24.62 billion riyals ayear earlier.

In Abu Dhabi, the index advanced 1.1%, buoyed by a4.6% jump in conglomerate International Holding and a0.4% increase in top lender First Abu Dhabi Bank.

The Qatari benchmark added 0.1%, with Qatar NationalBank, the Gulf's largest lender, rising 0.6% andpetrochemical firm Industries Qatar was up 0.4%.

Elsewhere, Mesaieed Petrochemical climbed 1.3%,after reporting a net profit of 909.4 million riyals ($248.61million), up from 135.1 million riyals a year earlier.

Dubai's main share index dropped 0.3%, hit by a0.4% fall in Emirates NBD Bank and a 0.2% decrease inSharia-compliant lender Dubai Islamic Bank.

Among other decliners, Aramex retreated 0.6%.

On Thursday, the courier firm said quarterly net profit fell31% due to the disruptive impact of the COVID-19 pandemic onglobal supply chains. REUTERS


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