MIDEAST STOCKS-Most mkts edge up but Industries Qatar drags down Doha
 

(Updates with Saudi Arabia, Egypt open) DUBAI, Jan 11 (Reuters) - Shares in major petrochemical producer Industries Qatar tumbled on Sunday and dragged down the Doha bourse after the company an**unced a dividend cut, but most Gulf markets edged up. Industries Qatar fell its daily 10 percent limit and was the main drag on Qatar's index, which dropped 2.3 percent. The company said late on Thursday that its board had recommended a 2014 dividend of 7 riyals per share, down from 11 riyals paid for 2013 and below analysts' average forecast of 11.13 riyals. ...

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