The performance of the Gulf banks is very different, with the declining expectations and rapid interest rates.

صحيفة الاقتصادية

The performance of the Gulf banks is very different, with the declining expectations and rapid interest rates.

The stock markets in the Gulf closed in reverse today, amid rising oil prices and a decline in expectations of the Federal Reserve cutting interest rates rapidly after a series of inflation readings came out. And oil prices rose, which is a major driver of financial markets in the Gulf, at Friday's summit because of the ongoing tensions in the Middle East. Qatar's index rose 0.3 percent after two consecutive losses, with all sectors in it rising…