UPDATE 1-MIDEAST STOCKS-Gulf markets rise as oil gains | Reuters:
"Most Gulf stock markets edged up in early trade on Monday as Brent crude pared losses to break back above $50 per barrel.
Dubai's index added 1.2 percent, with Dubai Islamic Bank's (DIB) 2.8 percent gain the main support.
Two other Dubai lenders, Emirates NBD and Mashreq , reported strong quarterly results on Sunday and investors may be betting that DIB will follow suit."
'via Blog this'
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