july 25 reuters  most stock markets in the gulf ended higher on tuesday on the back of rising oil prices and corporate earnings although gains were limited as focus shifted to the federal reserves monetary policy decision due on wednesday oil prices  a key catalyst for the gulfs financial markets  were steady  they hovered near threemonth highs as signs of tighter supplies and pledges by chinese authorities to shore up the worlds secondbiggest economy lifted sentiment while weaker western economic data weighed saudi arabias benchmark index tasi gained 07 led by a 85 surge in alinma bank 1150se after it reported a sharp rise in quarterly earnings the lender which saw its biggest intraday gain in over three years posted secondquarter net profit of 123 billion riyals 32797 million up from 9251 million riyals year ago dubais main share index dfmgi finished 05 higher driven by a 18 rise in shariacompliant lender dubai islamic bank disbdu and a 41 increase in gulf navigation gnavdu  in abu dhabi the index ftfadgi eased 02 the abu dhabi stock market saw limited price movements with caution taking hold ahead of the federal reserve meeting said farah mourad senior market analyst of xtb mena volatility in oil prices has also impacted the markets performance and could weigh on expectations the main index could continue to see risks after a series of gains most gulf cooperation council countries including the uae saudi arabia and qatar have their currencies pegged to the us dollar and generally follow the feds policy moves exposing the region to a direct impact from any monetary policy moves there outside the gulf egypts bluechip index egx30 fell 04 most of the stocks on the index were in negative territory including eastern company eastca  which was down 19 according to mourad declining trading volume continued to weigh on the egyptian bourse which saw some volatility over the last few days 1  37504 riyals