MIDEAST STOCKS-Dubai gains on further lockdown easing; other markets dip - Agricultural Commodities - Reuters:
The Dubai stock market rose on Monday after the emirate said it would allow tourists to enter from July 7 in a further easing of its coronavirus lockdown, outperforming other major Gulf markets which retreated in early trade.
In Dubai, the index rose 0.5%, with its largest lender Emirates NBD rising 1.2% and budget airliner Air Arabia gaining 1.8%.
Dubai will also allow those with residency visas to enter from Monday, the government media office said in a statement on Sunday.
The announcement comes more than two months after the United Arab Emirates introduced strict measures to curb the spread of the new coronavirus.
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