july 6 reuters  most stock markets in the gulf closed lower on thursday mirroring global shares after the us federal reserve maintained its hawkish stance most gulf cooperation council gcc countries including saudi arabia the united arab emirates and qatar have their currencies pegged to the us dollar and follow the feds policy moves closely exposing the region to a direct impact from monetary tightening in the worlds largest economy in abu dhabi the index ftfadgi fell 02 hit by a 03 fall in conglomerate international holding ihcad  the abu dhabi bourse came under pressure after the gains it recorded last month said farah mourad senior market analyst at xtb mena however potential improvements in oil markets could provide some support and help the market move to the upside over the short term the qatari index qsi ended 03 lower as most of its constituents were in the negative territory including qatar gas transport co qgtsqa  which was down 3 saudi arabias benchmark index tasi reversed early losses to finish 01 higher helped by a 09 rise in dr sulaiman alhabib medical services 4013se  prices of oil which fuels growth in gulf economies were little changed as the market digested tighter crude supply alongside fears of global economic slowdown dubais main share index dfmgi advanced 1 hitting its highest since 2015 led by a 39 increase in top lender emirates nbd enbddu  which is a whisker away from record high foreign direct investment fdi flows into the uae rose 10 in 2022 from the previous year to a record 23 billion the united nations trade body said in a report on wednesday the uae the arab worlds secondbiggest economy attracted around 60 of total fdi into the sixmember gcc bloc which more than doubled to 37 billion unctad said outside the gulf egypts bluechip index egx30 retreated 16 extending losses for a third session according to mourad local economic conditions remained a negative factor although they improved to a certain extent