MIDEAST STOCKS-Gulf markets mixed as Dubai rises on property shares | Reuters:
Gulf markets were mixed early on Monday with Dubai and Abu Dhabi shares in positive territory despite a backdrop of lower oil prices.
Oil prices fell as the market shifted focus from concerns over supply disruptions to potential production increases from Russia and other oil producers.
In Dubai, the index was up 0.4 percent, helped by gains in property shares. Major developer’s Emaar Properties and DAMAC Properties were up 1.6 percent and 1.4 percent, respectively.
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