MIDEAST STOCKS-Real estate shares boost Dubai, banks aid Saudis - Reuters:
Dubai stocks rose on Wednesday, led by property shares, for a third consecutive day of gains. Financial stocks helped Saudi shares.
The Dubai index was up 0.2%. The country’s largest listed developer, Emaar Properties, rose for a third day, gaining 0.8%, after securing a deal in China for an $11 billion project. Emaar Mall was up 2%.
Dubai Financial Market also rose for a third day, by 4.4%, after reporting higher second-quarter profit.
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