MIDEAST STOCKS-Gulf markets fall as China depresses oil | Reuters:
"Most Gulf stock markets fell early on Wednesday after oil prices extended losses on the continuing devaluation of the Chinese yuan.
Dubai's index lost 0.9 percent with most stocks in the red. Blue chips Emaar Properties and Dubai Islamic Bank fell 1.0 and 1.3 percent respectively.
Construction and engineering firm Drake and Scull dropped 2.5 percent after it reported a 60 percent decline in second-quarter profit attributable to shareholders. The company said sentiment in the sector was bearish and its margins had come under pressure because of delays on several projects."
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