MIDEAST STOCKS-Gulf markets slip, Emaar Malls weighs on Dubai | Reuters:
"Gulf equity markets edged down in early trade on Thursday, led by Dubai where Emaar Malls Group (EMG) slightly disappointed investors with its second-quarter earnings.
Dubai's index fell 0.5 percent as EMG and its parent Emaar Properties slipped 1.2 percent each.
EMG reported a 43 percent rise in second-quarter net profit to 412 million dirhams ($112.2 million). Investment bank EFG Hermes had forecast EMG would make 445 million dirhams and Naeem brokerage had expected 425 million. Quarter-on-quarter, EMG's net profit fell 5 percent."
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