Mideast Stocks: Real estate aids Dubai, most of Gulf quiet | ZAWYA MENA Edition:
Dubai's stock market recouped some losses early on Wednesday as most of its real estate stocks gained, while other major Middle Eastern markets were little changed.
In Dubai, the index added 0.6 percent with Emaar Properties rising 2.2 percent after saying it had started business development operations in China.
Outside the real estate sector, Takaful Emarat rose 3.6 percent after Goldilocks Investment, part of Abu Dhabi Financial Group, bought a 29.5 percent stake in the firm. Gulf Navigation climbed 2.9 percent after Goldilocks said earlier this week it had acquired a 18.32 percent stake.
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