Mideast Stocks: Dubai's real estate stocks rally; Qatar shares fall | ZAWYA MENA Edition:
Dubai stocks rose on Thursday as strong earnings lifted its battered real estate shares, while Qatar's market was pulled down by drilling rig provider Gulf International Services.
In Dubai, the indexrose 1.7 percent as the emirate's largest listed developer, Emaar Properties, gained 6 percent before reporting full-year results later on Thursday.
Emaar Development rose 7.4 percent after posting a full-year profit of 3.90 billion dirhams ($1.06 billion), up from 2.74 billion dirhams a year earlier.
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