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EU says continues Mideast peace part in spite of Israel move

BRUSSELS EU foreign policy chief Federica Mogherini met Israeli Prime Minister Benjamin Netanyahu on Monday and the European Union said it would continue its role in Middle East peace diplomacy in spite of Israel saying it was suspending make contact with.

Asked about Israel’s move on Sunday to suspend contact with the EU over the bloc’s reinforcement of labeling guidelines on imports from Israeli settlements in the West Bank, a European Commission spokeswoman said Mogherini met Netanyahu in Paris on the sidelines of the global climate conference.

“EU-Israel relations are very good, broad and deep and this will continue,” the spokeswoman told a news briefing in Brussels, playing down the labeling decision as merely the implementation of an current policy currently being enforced by some EU states.

“When it comes to the Middle East peace process, the EU continues and will continue to perform on this in the Quartet with our partners with both parties because of course peace in the Middle East is of interest to the entire international community,” the spokesman added.

The European Union is one of the 4 members of the Quartet of peace brokers, along with the United Nations, United States and Russia.

(Reporting by Alastair Macdonald editing by Philip Blenkinsop)

Agen Sabung Ayam

MIDEAST STOCKS-Gulf markets move little though Dana soars on Kurdistan news

DUBAI Nov 29 Gulf bourses moved small in sluggish trade early on Sunday, weighed down by a lack of optimistic financial and corporate news, though Abu Dhabi’s Dana Gas soared following saying it won a significant court judgement in its dispute with Iraqi Kurdistan.

Dana jumped its 15 % everyday limit following saying a tribunal of the London Court of International Arbitration had directed the Kurdish regional government to pay $ 1.98 billion to a consortium which includes Dana within 28 days. There was no quick comment from the Kurdish government.

Elsewhere, there was small incentive to buy stocks Brent oil slipped back beneath $ 45 a barrel at the finish of final week whilst global equity markets have been soft.

Abu Dhabi’s stock index edged up .1 %. Dubai’s index slipped .3 % as house and building firms remained soft simply because of indicators of an financial slowdown in the region Emaar Properties dropped .7 %.

Qatar’s index lost .6 percent as Gulf International Services, due to be removed from MSCI’s emerging market place index at the end of this month, fell a further 1.9 percent. (Reporting by Andrew Torchia Editing by Dominic Evans)