MIDEAST STOCKS-Earnings lift UAE mkts but weigh on Qatar, Saudi | Reuters

MIDEAST STOCKS-Earnings lift UAE mkts but weigh on Qatar, Saudi | Reuters:



"* Strong Emaar results lift Dubai; Arabtec soars



* Banks' earnings support Abu Dhabi



* Qatar's rise slows as volume drops



* Telecoms weigh on Saudi Arabia



* Result of Omantel offer dampens Oman



By Olzhas Auyezov

DUBAI, April 23 (Reuters) - Dubai's bourse led gains in the Gulf on Wednesday, lifted by strong first-quarter results and other positive news from listed companies, while Abu Dhabi and Qatar edged up.



The Dubai benchmark rose 2.3 percent on increasing volume, bringing its gains this year to 52.4 percent. Lender Emirates NBD was one of the main drivers, jumping 4.8 percent ahead of the publication of its quarterly report, due on Thursday.



Real estate developer Emaar Properties gained 1.9 percent after its quarterly earnings matched analysts' strong estimates on Tuesday."



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