MIDEAST STOCKS-UAE, Qatar and Egypt markets retreat | Markets | Reuters:
"Bourses in the United Arab Emirates, Qatar and Egypt pulled back on Wednesday as investors booked profits after solid gains and a strong earnings season.
Dubai's benchmark fell 1.3 percent after rising in the four previous sessions, as most real estate stocks retreated while trading volume slightly increased compared with Tuesday.
Emaar Properties slid 0.5 percent, Deyaar Development shed 3.0 percent and Union Properties fell 4.0 percent, even after reporting an eightfold jump in first-quarter profit.
All three stocks have made gains in the high double digits or even triple digits this year.
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