MIDEAST STOCKS-Gulf markets slip as Ramadan saps liquidity
 

* Saudi's Al Rajhi pulls back after dovish Fed statement * Total Saudi QFI inflows so far just $3 mln, calculations suggest * Emaar falls as Egypt unit prices below top of indicative range * Amlak Finance extends losses after speculative surge * Egypt's SODIC slips after executive resigns By Olzhas Auyezov DUBAI, June 18 (Reuters) - Most Gulf bourses slipped on Thursday, despite higher oil prices, as some local retail investors stepped back from the markets with the beginning of the Muslim holy month of Ramadan. Saudi Arabia's main index edged down 0.4 percent and Al Rajhi Bank, down 1.0 percent, was the main drag on the benchmark. Al Rajhi, a leading retail lender which accounts for a large share of Saudi Arabia's interest-free deposits, had risen 3.0 percent this week as investors bet on a hawkish statement by the U.S. Federal Reserve after its policy meeting.

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