* Saudi's Al Tayyar jumps after buying Mecca hotel * Dubai's Arabtec retreats after rising on index adjustment * Aramex falls ahead of dividend an**uncement * Egypt slides as court ruling likely to delay election * But positive news boosts property stocks By Olzhas Auyezov DUBAI, March 1 (Reuters) - Gulf stock markets were mixed on Sunday as trading volumes remained low, while Egypt fell after a court ruling that was likely to delay the parliamentary election previously scheduled to begin this month. Saudi Arabia's main index climbed 0.4 percent after oil prices rose on Friday and posted their first monthly rise since June, although the kingdom's petrochemicals sector gained just 0.1 percent on Sunday. Al Tayyar Travel Group was one of the main supports, jumping 2.8 percent after the Saudi Gazette newspaper reported it had bought a five-star hotel next to the Grand Mosque in Mecca for 1.5 billion riyals ($400 million).
03-02-2015, 07:53 AM
MIDEAST STOCKS-Gulf markets mixed, Egypt falls after election setback
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