Mideast Stocks: Dubai leads gains, most major Gulf markets rise | ZAWYA MENA Edition:
Dubai's stock market rose for the eighth straight session on Monday and most major Gulf markets gained, as financial shares lifted the exchanges.
The Dubai index rose 0.6 percent, as Dubai Islamic Bank added 1.6 percent and its largest listed-developer Emaar Properties closed 1.4 percent higher.
On Sunday, a media report said that Dubai Islamic Bank was in talks to buy Dubai-based Noor Bank. The company said it does not comment on market speculation and rumours.
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