March 18 (Reuters) - Major stock markets in the Gulf rose on Monday led by the Abu Dhabi benchmark on higher oil prices, while shares in Egypt continued to ease for a second straight session.
Oil prices - a catalyst for the Gulf's financial markets - gained, as attacks on Russian energy facilities intensified with Brent rising 0.8% to $86.02 a barrel by 1330 GMT.
In Abu Dhabi, the benchmark index (.FTFADGI), opens new tab rose 0.7%, ending its previous session of losses.
The index encountered a technical glitch earlier in the day displaying inflated gains, before the issue got fixed towards the end of the trading session.
First Abu Dhabi Bank (FAB.AD), opens new tab, UAE's largest lender, gained 1.1% while Abu Dhabi National Oil's (ADNOC) units ADNOC Drilling (ADNOCDRILL.AD), opens new tab and ADNOC Logistics (ADNOCLS.AD), opens new tab climbed 1.8% and 1.3%, respectively.
The state-owned energy major ADNOC signed a 15-year deal to supply 1 MMT a year of LNG to a unit of Germany's state-owned Securing Energy for Europe.
Dubai's benchmark index (.DFMGI), opens new tab advanced 0.3%, with blue-chip developer Emaar Properties (EMAR.DU), opens new tab rising 2.2% and Dubai Electricity (DEWAA.DU), opens new tab adding 1.2%.
Saudi Arabia's benchmark index (.TASI), opens new tab edged up 0.1%, extending its rally to a fifth straight session with Saudi National Bank (1180.SE), opens new tab, the kingdom's largest lender, advancing 1.9% and Saudi Awwal Bank (1060.SE), opens new tab gaining 2.5%.
The Qatari benchmark index (.QSI), opens new tab was up marginally, helped by a 2.9% gain in Qatar Gas Transport (QGTS.QA), opens new tab and 1.3% rise in Industries Qatar (IQCD.QA), opens new tab, while Doha Bank (DOBK.QA), opens new tab and Masraf Al Rayan (MARK.QA), opens new tab slipped 4.7% and 1.9%, respectively.
Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab extended its losses to a second consecutive session and ended 6.3% lower, the steepest fall since Jan.31 with almost all stocks in the red.
E-Finance (EFIH.CA), opens new tab declined 14.3% and El Sewedy Electric (SWDY.CA), opens new tab dropped 13.6%.
SAUDI ARABIA
(.TASI) rose 0.1% to 12,772
KUWAIT
(.BKP) fell 0.4% to 8,118
QATAR
(.QSI) ended flat at 10,260
EGYPT
(.EGX30) dropped 6.3% to 29,091
BAHRAIN
(.BAX) gained 0.2% to 2,035
OMAN
(.MSX30) lost 0.1% to 4,770
ABU DHABI
(.FTFADGI) up 0.7% to 9,289
DUBAI
(.DFMGI) rose 0.3% to 4,275
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Reporting by Md Manzer Hussain; Editing by Shailesh Kuber
