Sunday, 29 May 2011

Dubai shares up; Renaissance weighs on Oman - ArabianBusiness.com

Construction and property stocks led Dubai's index DFM higher, but Oman's bourse slipped to a fresh 17-month low.

Emaar Properties gained 1 percent after its Saudi affiliate Emaar Economic City received $1.33bn loan from the kingdom's finance ministry to speed up construction of a project.

Contractor Arabtec, which is active in Saudi Arabia, added 2.4 percent

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