MIDEAST STOCKS-Bets on property lift Egypt; banks support Qatar | Agricultural Commodities | Reuters:
"Expectations of higher demand for property in response to higher inflation lifted Egypt's real estate stocks on Tuesday, while Qatar's biggest bank rose ahead of the top lender's second-quarter earnings statement.
Egypt's bourse climbed 1.4 percent to a three-week high of 8,429 points as shares in property developer Talaat Moustafa Group jumped 5.0 percent and were the main support.
Other property firms also posted strong gains: Egyptians For Investment & Urban Development surged 6.5 percent, SODIC rose 3.7 percent and Medinet Nasr for Housing and Development was up 3.0 percent."
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