(Updates with Saudi Arabia, Egypt open) DUBAI, March 29 (Reuters) - Stock markets in Saudi Arabia and Egypt rose in early trade on Sunday as panic over the military conflict in Yemen, which prompted sell-offs last week, subsided. The operation may cost the Saudi government billions of dollars but with over $700 billion of net foreign assets, it can afford the cost. Saudi Kayan Petrochemical Co jumped 3.1 percent after it restarted its olefins plant in Jubail following an extended shutdown. Egypt's bourse climbed 1.0 percent in a**ther broad rally.
03-29-2015, 05:12 PM
UPDATE 2-MIDEAST STOCKS-Saudi Arabia, Egypt rebound after sell-offs on Yemen
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