MIDEAST STOCKS Saudi and Qatar rise, other Gulf indexes muted

shedding 1.2% and 1.6% respectively. After the market close, Emaar Malls said its chairman and board member Mohamed Al Hussaini has resigned from the company.

In March, Emaar Properties announced a plan to buy out minority shareholders of Emaar Malls and delist the business by year-end. , Separately, United Arab Emirates Prime Minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced ministerial changes on Saturday, including new finance and environment ministers.

Sheikh Mohammed announced the reshuffle as part of a new government strategy aimed at expediting change through "transformational projects" in the Emirates.

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