ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Gulf stock markets fall; UAE’s Union Properties, TAQA jump
DUBAI / Reuters Profit-taking and weak first-quarter earnings weighed on Gulf stock markets on Thursday, with Saudi Arabia’s index pulled lower by petrochemical shares after oil prices fell sharply, but Dubai’s Union Properties and Abu Dhabi’s TAQA bucked the trend. Dubai’s index lost 1.0 percent as financially troubled builder Arabtec, which had jumped almost 11 percent on Wednesday after ...
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