MIDEAST STOCKS-Banks' strong earnings boost Dubai, other markets mixed | Reuters:
The Dubai stock market rose on Wednesday morning after the emirate’s largest bank, Emirates NBD , and Dubai Islamic Bank, the United Arab Emirates’ largest sharia-compliant lender, both reported strong quarterly earnings.
Trading in other markets was mixed.
The Dubai index climbed 0.3 percent, boosted by a 1 percent rise in the shares of Emirates NBD after the bank announced a 30 percent increase in second-quarter net profit.
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