MIDEAST STOCKS-Egypt rises on real estate; Saudi, Dubai pull back | Reuters:
"Egypt's bourse outperformed an otherwise sluggish region on Tuesday on the back of property firms and other blue chips, while banks dragged down Saudi Arabia after the kingdom's central bank tightened consumer lending regulations.
The Cairo index rose 1.8 percent, its biggest gain in five weeks, after the country's central bank on Monday kept interest rates unchanged, as expected by the market, and said there was upside risk to the inflation outlook.
At its previous meeting on July 17, the central bank had raised benchmark interest rates in a surprise move seen as an attempt to hold down inflation after the government introduced fuel price increases."
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