Category: 3. Business

  • A Fresh Look at Valuation as Investor Sentiment Wavers

    A Fresh Look at Valuation as Investor Sentiment Wavers

    SailPoint (SAIL) has seen its stock move lately, with investors keeping an eye on the company’s recent performance numbers and trends. Shares changed only slightly in the last day but have lagged over the past month, showing a cautious sentiment around the name.

    See our latest analysis for SailPoint.

    Looking at the bigger picture, SailPoint’s 1-month share price return of -15.04% highlights a notable loss of momentum. This result caps off an already weak trend so far this year, despite steady demand for its identity security solutions. In a single stroke, the stock has underperformed both recently and over the longer term, signaling that appetite for risk in this corner of enterprise software remains muted.

    If you’re curious to see what else is out there, this could be the perfect time to broaden your search and discover fast growing stocks with high insider ownership

    With shares sitting well below analyst targets, the question facing investors now is whether SailPoint’s recent weakness signals a buying opportunity or if the market has already factored in all of its future growth prospects.

    SailPoint trades at a price-to-sales (P/S) ratio of 10.6x, which is notably higher than both its peer group and industry averages. For investors, this premium valuation raises the question of whether the company’s revenue growth profile is strong enough to justify such a hefty price tag.

    The price-to-sales ratio measures how much investors are willing to pay per dollar of revenue. It is a popular metric for software companies, many of which are still working towards consistent profitability, because it focuses on revenue generation rather than profit. When a P/S ratio stands well above the norm, the market is often anticipating robust revenue growth or defensibility.

    In SailPoint’s case, the current P/S of 10.6x is elevated compared to both the US Software industry average of 4.9x and its peer group average of 8.6x. In addition, our fair P/S ratio estimate is 7.1x, suggesting further downside if expectations moderate. The market is clearly assigning a premium that is above historical or sector benchmarks, implying high confidence in future sales growth or strategic positioning.

    Explore the SWS fair ratio for SailPoint

    Result: Price-to-Sales of 10.6x (OVERVALUED)

    However, slowing revenue growth or persistent operating losses could challenge investor confidence and force a reassessment of SailPoint’s elevated valuation.

    Find out about the key risks to this SailPoint narrative.

    While the price-to-sales ratio points to an overvalued stock, another angle comes from the SWS DCF model. This method looks at the present value of expected future cash flows, rather than just revenue.

    Our DCF model finds SailPoint trading above its estimate of fair value. This suggests investors might be paying a premium for future growth that is not yet guaranteed. Could this mean further downside risk, or is the market simply seeing something others miss?

    Look into how the SWS DCF model arrives at its fair value.

    SAIL Discounted Cash Flow as at Nov 2025

    Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out SailPoint for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 914 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match – so you never miss a potential opportunity.

    If you see things differently or want to dig into the details yourself, building your own analysis is quick and straightforward. Try it out: Do it your way

    A great starting point for your SailPoint research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.

    Take control of your portfolio and seize opportunities now. Expand your watchlist by checking out these handpicked stock ideas, each targeting a key trend in today’s market.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include SAIL.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Bringing Indigenous languages back from the brink – Full Story podcast | Indigenous Australians

    Bringing Indigenous languages back from the brink – Full Story podcast | Indigenous Australians

    More than 250 languages were spoken across Australia before British colonisation. Now only half are still in use as a result of policies that suppressed and prevented First Nations people from speaking their mother tongues.

    Indigenous affairs reporter Ella Archibald-Binge travels to two communities including her country to hear from elders, teachers and students about efforts to revive native languages and close the education gap

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  • The man behind Google Meet went from being ‘the only Indian kid in my class’ to connecting 3 billion users worldwide. He test-drives the product every day

    The man behind Google Meet went from being ‘the only Indian kid in my class’ to connecting 3 billion users worldwide. He test-drives the product every day

    Awaneesh Verma leads Google Meet, Google Voice, and other real-time communication products at Alphabet, overseeing a massive network reaching about 3 billion users and 11 million companies worldwide.

    However, his drive to eliminate communication friction and ensure people are “truly understanding each other” is rooted in a personal journey that stretches back before his time at Uber and Duolingo—to when he learned how barriers can keep people from communicating.

    Born in the UK to parents who had immigrated from India, Verma spent his young childhood in the midlands city of Sheffield. He recalled in a recent interview with Fortune that, for the longest time, he was “the only Indian kid in my class.”

    While his hometown is “a great place,” he couldn’t help but wonder “what the rest of the world felt and looked like.” He recalled how he was fascinated with a physical atlas in the days before Google Maps. “I’m like just looking at maps and drawing places based on that.”

    Years later, when Verma was an engineering major at Carnegie Mellon University in Pittsburgh, he heard Google’s head of engineering, Alan Eustace, give a talk about ongoing projects, including Google Translate. “I was like, ‘Wow, this is the future of connecting people.” Within a few years, Verma was working on Google Translate, part of a journey that took him to Duolingo as its first ever head of product, before a stop at Uber, also as head of project, and a return to Google.

    Verma told Fortune that he loves his work because he has always loved the idea of something having to do with travel, saying he wanted to be a travel show host when he was a kid.

    “I really liked the appeal of meeting people in different cultures and then truly understanding each other,” he said, adding that he’s been lucky to do a job that lets him do the same thing.

    Beta-testing while driving the machine

    As head of Google Meet, Verma told Fortune that he is always beta-testing his product, which billions of users depend on to do business. (Although more specifically, he said he’s always testing the product internally, from early research proof-of-concepts to end-user prototypes and beta.) He said the beauty of Google Meet is that it’s part of Google Workspace, which means that all the notes you take on it become part of your Google Drive.

    Verma said he uses Take Notes with Gemini in “pretty much all of my meetings.” With a single click, this tool instantly creates a live Google document of meeting notes, which become the team’s “decision of record,” transforming discussions into something “durable and sticky.”

    He noted that this reliability has made distributed collaboration easier, recalling a time when a third of his team in Stockholm felt confident skipping an inconvenient meeting, a huge change from just a few years ago. The team was trying to get some feedback from some Bay Area-based executives, but the timing just wasn’t right. Nevertheless, they felt confident in the meeting going on without them. “We trust that you’ll represent our point of view well and we’ll read the notes and we’ll read the transcript later on.”

    The Google Meet chief also relayed that he often debriefs on projects, and he asks team members what went well and what could have gone differently. Once all of those are written on a whiteboard, he cross-references them with what the Gemini AI notetaker thought of the meeting. “When in doubt, you can go back and read the transcript,” he said, noting that Gemini includes citations, so the minute anything is in doubt, “there’s a one click to that part of the transcript where you can then just read what happened there.”

    The goal is to use AI to facilitate the high fidelity of human conversation, including tone and emotion, allowing teams to reach resolutions faster than asynchronous communication. Verma illustrated this by recounting a 60-minute discussion with an engineering counterpart. By using Ask Gemini to summarize, they immediately produced a 15-bullet product specification.

    Real-time translate

    The innovations from Verma and his team spring to life when Fortune talks to Niklas Blum, a native German speaker based in Google’s aforementioned Stockholm office. He demonstrates Google’s real-time speech translator, a very different product from Google Translate.

    “Don’t you hear me, Nick? I’m speaking German to you now,” Blum said, as this journalist could hear him speaking in the background in something that sounded Germanic, while, with a few seconds delay, his voice came through the speakers in English, somewhat uncannily.

    Blum explained that AI technology has now progressed to the point where it clones his voice in real time to make it sound like he is talking in English.

    He added that Verma’s team worked closely with Google’s DeepMind on the various technologies, with multiple layers of AI working: the translation plus the generation of the translated voice. To some extent, he said, the lag is very dependent on the language being translated, since the AI has to account for the grammar and complexity of the language being used. German often puts the verb toward the end of the sentence, for instance, so there is a lag as the AI makes sure it has the correct meaning.

    This real-time translation tool came together over the course of about two years, Blum said, adding that it began as an exploration without a certain deadline. But the more they communicated with global companies that do business across language barriers, they saw a need in the marketplace.

    He said it was “really hard” for team conversations across different languages to be held while making sure that everyone received all the correct information. “We want Google Meet to not only be a tool to connect people, but [something] that creates value in the conversation,” he added.

    “The beauty of technology is not just the fact that it can automate and make it easier,” Verma said, but that you can trust “that it truly is neutrally representing everything that was said.”

    There’s an imperative behind this, of course, somehow providing a fix to the post-pandemic onslaught of endless meetings that define most workdays.

    Verma notes that these are often ineffective, leaving participants unsure of what was decided and what comes next. He said he feels a real need to address “meeting fatigue” that comes from meetings just not being run well.

    Verma affirms that every improvement is filtered through the question, “how could we have helped them do this better?”

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  • US Options Market Grapples With ‘Concentration Risk’ in Clearing

    US Options Market Grapples With ‘Concentration Risk’ in Clearing

    As the US options market heads for a sixth straight year of record volume, some best-known names in the industry are growing nervous about its over-reliance on a small group of banks to guarantee trades for the biggest market makers.

    Every listed US options trade goes through The Options Clearing Corp., a central counterparty that handles more than 70 million contracts a day during busy periods. The trades are submitted to the OCC by its members — who help trades get to the clearing house and act as guarantors in case their clients go bust.

    Most Read from Bloomberg

    There’s a small group of firms at the top. Out of dozens of members, the top five contributed almost half of the OCC’s default fund in the second quarter of 2025. Market participants cite Bank of America Corp., Goldman Sachs Group, Inc. and ABN Amro Bank NV as the three biggest, handling most positions from market makers, who take the other side of almost every options trade. The fact so much volume goes through such a small number of firms raises the risk of widespread losses if one of them should fail.

    “I think there is significant concentration risk in clearing intermediation,” Craig Donohue, chief executive officer of Cboe Global Markets, Inc., said in an interview, without naming specific banks. “I do worry about that.”

    The risk of a major bank failing is unlikely — but not unheard of. Donohue has his own battle scars from a clearing member default: in October 2011, when he was CEO of CME Group Inc., MF Global declared bankruptcy.

    The more immediate risk is that these banks may run out of capacity to support the extraordinary growth of the listed derivatives market, with OCC average daily volume soaring 52% in October from a year earlier. That’s leading to a rise in “self-clearing” by market makers — meaning they become more direct members of the clearing house — which comes with its own risks, given that market makers are more thinly capitalized than banks.

    Bank of America and Goldman Sachs declined to comment. ABN Amro did not immediately respond to a request for comment.

    Related: SGX to List Perpetual Futures to Rival Crypto ‘Bucket Shops’

    Only a handful of clearing brokers have the ability to cross-margin between futures and options, where opposite positions in related instruments can cancel each other out, reducing the amount of margin needed. For example, if a trader is long S&P 500 E-Mini Futures, but short S&P 500 Index Options, the net risk position would be reduced.

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  • AI could be revolutionary, but don’t ‘lose your diversification,’ advisor says

    AI could be revolutionary, but don’t ‘lose your diversification,’ advisor says

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  • Dewsbury recycling centre to move for railway upgrade work

    Dewsbury recycling centre to move for railway upgrade work

    A waste and recycling centre in Dewsbury is to be relocated from one side of its current site to the other so work can be carried out on a nearby railway track.

    It comes after the council-run Weaving Lane site was acquired by Network Rail as part of its multibillion-pound Transpennine route upgrade.

    The firm said the move was necessary so engineers could access the railway line to build a new retaining wall and create space for new tracks.

    The centre was expected to be closed on Sunday 30 November while containers and facilities were moved to the other side of the current site, and it was due to reopen in its new location on Monday 1 December, according to Kirklees Council.

    Access to the new location would still be through Thornhill Road and Weaving Lane, but visitors would need to turn left after the entrance gates instead of right, a council spokesperson said.

    Tyler Hawkins, cabinet member for highways and waste, said: “This has been a fantastic opportunity to deliver real improvements to recycling facilities in Kirklees.

    “The new layout will provide a more accessible facility over two levels with additional parking, making it much easier and safer for the public to access the containers and dispose of their household waste.”

    Andrew Campbell, Transpennine route upgrade sponsor, said the work would enable the firm “to press ahead with plans to install more tracks throughout this section of railway and beyond so that faster, more frequent, services can run in the future.

    “The Transpennine route upgrade will deliver improved rail journeys across the North, and our ongoing collaboration with Kirklees Council is vital.”

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  • Implementation of an Acute Tonsillitis Protocol in a District General Hospital: A Two-Cycle Audit

    Implementation of an Acute Tonsillitis Protocol in a District General Hospital: A Two-Cycle Audit

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  • Away Luggage Black Friday Sale 2025

    Away Luggage Black Friday Sale 2025

    The Away Luggage Black Friday Sale is still going strong. During the brand’s largest sale of the year, you can save 25% sitewide through Dec. 1 on editor-approved suitcases and travel items. You’ll also get an extra 10% off when you spend $750 or more. If you’re looking for some recommendations, our favorites include The Bigger Carry-On and The Aluminum Carry-On, our pick for the best value aluminum luggage.

    Whether you’re traveling for the holidays or picking out a gift for a globetrotter, now’s a great time to take advantage of Away’s markdowns—we haven’t seen a deal this good since last Black Friday. With 27 suitcases, 48 bags (including totes, backpacks and duffles) and 32 accessories to choose from, there’s a lot to browse. Ahead, find 12 of the best editor-approved products from Away and everything else you need to know about the sale.

    The Best Away Luggage Black Friday Deals At A Glance


    Best Away Luggage Black Friday Deals

    This classic carry-on is Away’s smallest suitcase: a lightweight and durable option that’s compatible with most airline regulations. “After using this suitcase, I was impressed by its navigating, 360 wheels, easy-to-use handle, thoughtfully placed interior pockets and sturdy, sleek design,” says senior reviews editor Anna Perling. 

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    Graphic I Found The 187 Best Last-Minute Black Friday Deals To Shop Before Midnight
    Graphic The 50 Best Black Friday Clothing Deals From Lululemon, Madewell And More

    After researching and testing 15 carry-ons, our travel team named this design the best carry-on overall. Made of the same durable material as the smaller version listed above, this model isn’t expandable but makes up for it by offering more room, enough for a weeks worth of travel. “At almost 48 liters, it offers incredible capacity for being a carry-on suitcase—I’ve slid it into dozens of overhead bins on a variety of different airlines and never had a problem with its size,” says one tester. 


    The Medium is our favorite checked bag from the brand, due to it’s just-right size. Our editors found this suitcase has enough room to accommodate for up to two weeks of travel without feeling bulky or heavy. 


    True to its name, The Large is one of Away’s most spacious designs. It has a 104-liter capacity, offering plenty of space to store up to 18 outfits or over two weeks’ worth of travel essentials. Like other models, this one comes with the brand’s classic features, including 360-degree wheels and a TSA-approved lock.


    While more of an investment, aluminum luggage can hold up to the inevitable wear and tear of extensive travel. Right now, take $156 off our pick for the best value aluminum luggage. The compact model features leather detailing, a dual TSA-approved combination lock, spinner wheels and an interior compression system with a hidden laundry bag. 


    Globetrotters on the Forbes Vetted team love The Carry-On Flex for international travel. “The expandability makes it spacious enough for five to six days of travel, and it has an excellent compression system,” says one of our testers who traveled to Stockholm twice with it. And despite the expansive size, it’s still compatible with most airlines’ overhead bins.


    We named this water-resistant bag the best weekender bag for short trips because of its spacious interior (it’s the largest bag from the brand) and its clamshell-style opening. Another perk is its trolley sleeve that lets you secure it to your suitcase as you’re rolling through the airport. When you want to streamline, you can carry it using its detachable padded shoulder strap and top handles.


    When testing the best Away luggage, our team appreciated The Trunk model for its durability, ease of rolling and spacious interior. Away’s largest design—and one of the largest on the market—the model features a deep main compartment that’s spacious enough to hold up to three weeks’ worth of clothes. Despite the larger size, its elongated shape also creates a more streamlined silhouette that takes up less space in your car.


    Whether you’re commuting or planning a long weekend trip, this compact suitcase is the model for you. Made of Away’s softside material (a durable, weather-resistant nylon), this model features a front pocket, a laptop compartment, the brand’s interior compression pad and enough space for around three days’ worth of clothes.


    This lightweight, water-repellent bag is a must-have. You can store and organize your essentials thanks to its spacious interior and various interior compartments. Its also has hidden exterior pockets, so you can easily access headphones, passports and other essentials. If you’re looking for a bag with more room or a laptop sleeve, consider shopping the Large Featherweight Crossbody.


    Featuring water-resistant nylon and leather trim, this tote bag has everything you need to stay organized on your trip, including enough room for a 16-inch laptop and plenty of secure zippered compartments for valuables. 


    For those who bring a bevy of cosmetics with them, this hanging toiletry case is a game changer. Crafted from water-repellent nylon, it contains three mesh compartments to keep toiletries organized, plus a convenient hook to hang easily over a door when you arrive at your destination. 


    Frequently Asked Questions About Away Luggage

    Will Away Do A Black Friday Sale?

    Yes, Away is currently hosting its Black Friday Sale. From now through Dec. 1, you can save 25% sitewide on editor-approved luggage, bags and travel accessories. Throughout the event, we’ll continue updating this article with the best deals available from the sale.

    Do Away Suitcases Ever Go On Sale?

    Yes, Away suitcases do occasionally go on sale. The top-rated suitcases have been 20% off this past year—and up to 30% off individual models through its Amazon storefront—but its current promotion is the best offer we’ve seen directly from the brand since last Black Friday.

    After testing numerous suitcases from various brands, the Forbes Vetted travel team consistently praises Away luggage, citing durability as one of the brand’s best features. Away’s suitcases come in three materials (softside, hardside and aluminum). While each of its materials can withstand regular use, the aluminum luggage is considered the sturdiest option that can hold up to the wear and tear of traveling.

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  • Jobley Unveils AI-Powered Resume Parsing for Dental Hiring

    Jobley Unveils AI-Powered Resume Parsing for Dental Hiring

    The new AI feature strengthens the accuracy and efficiency of Jobley’s proprietary talent matching technology, helping employers successfully identify qualified professionals

    BELLEVUE, Wash., Nov. 30, 2025 /PRNewswire/ — Jobley, a hiring platform for U.S. dental and healthcare professionals operated by Medley (TSE: 4480), a Japan-based health technology group, today announced the launch of a new AI-powered resume parsing feature, designed to strengthen its proprietary talent matching technology. The new feature leverages AI to automatically analyze resumes and generate optimized candidate profiles based on experience, skills, licenses, certifications, and other relevant factors. This enhancement enables more precise talent matching, allowing employers to more easily identify candidates who meet their hiring needs—even before they apply. It also boosts the effectiveness of both direct outreach by employers and Jobley’s expert hiring support.

    Dental Hiring Challenges Persist

    The dental industry faces persistent difficulties in recruiting qualified professionals, with many practices investing significant time and resources to find candidates who meet their specific needs.

    Employers are increasingly seeking more proactive and efficient ways to connect with potential candidates, rather than relying solely on inbound applications. However, the accuracy of early-stage matching—which is critical to the success of subsequent steps in the hiring process—depends heavily on the completeness and quality of information provided by job seekers. When such data is insufficient, overall hiring efficiency and effectiveness often becomes limited.

    AI-Driven Matching for a Smarter Hiring Experience

    Jobley’s newly introduced feature uses AI to automatically parse resumes submitted by job seekers, transforming them into structured, searchable profiles that reflect experience, licenses, certifications, and key skills aligned with employers’ hiring needs.

    This feature’s expected benefits include:

    • Automatically generated and optimized candidate profiles from uploaded resumes, regardless of format or file type
    • Significant improvement in the accuracy, volume, and quality of pre-application candidate data, enabling more efficient early-stage talent matching
    • Easier proactive outreach to potential candidates by employers, even before they apply
    • Enhanced matching outcomes through Jobley’s expert hiring support

    Currently, only a limited portion of Jobley users have complete profiles that enable effective system-based matching. With the new AI-powered capability, Jobley expects a substantial increase in the availability of searchable, high-quality candidate data once resumes are uploaded—driving significant improvements in overall talent matching, further enhanced by personalized expert support.

    “By integrating advanced AI capabilities, we’re making it easier than ever for dental employers to find qualified professionals quickly and precisely,” said Sunny Tsang, Head of Product for Jobley. “Across the Medley group, we are accelerating the adoption of AI to enhance solutions that empower healthcare providers, professionals, and patients alike. For Jobley, this new feature blends the latest technology with our dedicated support team’s expertise to elevate the hiring experience for dental providers and professionals.”

    Looking Ahead: Advancing with Technology and Human Expertise

    Jobley will continue to advance the usability of its platform and services—leveraging technologies such as the expanded use of AI, combined with expert hiring support—to help address hiring challenges faced by dental practices nationwide. The company remains dedicated to creating a more seamless and performance-driven hiring experience for dental employers and professionals across the United States.

    To find out more, visit Jobley’s website.

    About Jobley

    Jobley is a hiring platform for U.S. dental and healthcare professionals, operating in 44 states and D.C. With a diverse team of specialists passionate about solving hiring challenges in the healthcare field, Jobley streamlines the recruitment process and effectively connects practices with the talent they need.

    Jobley was launched by Medley (MEDLEY, INC. | TSE: 4480), a Japan-based health technology company. Since 2009, Medley has been committed to creating the future of healthcare through innovative products and services, including one of Japan’s largest healthcare hiring platforms, now used by 38% of healthcare providers nationwide (as of September 2025).

    Supported by a multidisciplinary team of engineers, physicians, and other healthcare professionals, Medley is also applying AI to address critical challenges in healthcare under the new brand “MEDLEY AI CLOUD,” a next-generation platform that connects providers across all sectors of healthcare with patients and the public. It improves operational efficiency for healthcare providers through reliable technology and enhances patient experiences. Medley continues to develop and deliver solutions that benefit patients, healthcare professionals, providers, and society as a whole.

    SOURCE Medley US, Inc.

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  • Gulf bourses mixed on weak oil prices, Fed easing hopes

    Gulf bourses mixed on weak oil prices, Fed easing hopes

    Nov 30 (Reuters) – Stock markets in the Gulf ended mixed on Sunday following an easing in crude prices on Friday while anticipation of a U.S. Federal Reserve rate cut next month underpinned sentiment.

    Crude futures fell marginally on Friday as investors considered oil’s geopolitical risk premium amid drawn-out Russia-Ukraine peace talks.

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    OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the producer group slows down its push to regain market share amid fears of a .
    Saudi Arabia’s benchmark share index (.TASI), opens new tab slipped 0.5%, with Saudi Arabian Mining Company (1211.SE), opens new tab losing 2.2% and oil giant Saudi Aramco (2222.SE), opens new tab down 0.4%.
    Saudi Arabia, the world’s biggest oil exporter, is expected to lower
    In Qatar, the main share index (.QSI), opens new tab eased 0.3%, with Qatar National Bank (QNBK.QA), opens new tab, the Gulf’s biggest lender by assets, down 1.1%.
    Outside the Gulf, Egypt’s blue-chip index (.EGX30), opens new tab advanced 1.7%, with Talaat Moustafa Group Holding (TMGH.CA), opens new tab jumping 6.2%.

    Reporting by Ateeq Shariff in Bengaluru; Editing by Emelia Sithole-Matarise

    Our Standards: The Thomson Reuters Trust Principles., opens new tab

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