BRIEF-Egypt's Naeem Holding board approves capital increase
* Board approves issued and paid-up capital increase to $218.6 million from $198.7 million through bonus share issue Source: (http://bit.ly/2qvUGWl) Further company coverage: )
May 3 Sharjah Group Co:
* Q1 net profit 1.9 million dirhams versus 1.3 million dirhams year ago
* Q1 rental income 3.8 million dirhams versus 3.7 million dirhams year ago Source:(bit.ly/2qx0LTB) Further company coverage:
DUBAI, May 28 Gulf stock markets may have a soft tone in thin trade on Sunday after global oil producers agreed after the close on Thursday to extend cuts in output by nine months to March 2018.