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Article: United Arab Emirates: Dubai shares decline, Qatar index advances.

Article from:
TendersInfo
Article date:
June 24, 2008
Copyright

Byline: shiv03

Dubai shares fell, led by Emaar Properties PJSC, the Middle East's biggest publicly traded real-estate developer, and Dubai Islamic Bank PJSC. Qatar's index rose.The Dubai Financial Market General Index lost 1.4 per cent, the biggest drop in almost a week, to 5,521.93. The Abu Dhabi Securities Exchange General Index fell less than 0.1 per cent. Emaar declined 1.8 per cent to Dh11. Dubai Islamic Bank, the UAE's biggest bank, dropped 2.7 per cent to Dh8.25. In Qatar, the Doha Securities Market index added 0.2 per cent to 12,294.45. Qatar Telecom QSC gained 1.4 per cent to 192.7 riyals. The country's monopoly phone company said its new Internet unit ...

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