From Bloomberg: Dubai shares advanced for a second day as Nakheel PJSC, the developer of palm-shaped islands off the city’s coast, said it received funds from the Dubai government to repay Islamic bonds maturing in January.

Emaar Properties PJSC, the United Arab Emirates biggest property developer, gained the most since Nov. 9. Arabtec Holding Co., the biggest construction company in the U.A.E. by market value, gained 1.6 percent. The DFM General Index advanced 0.5 percent to 1,630.52 at the 2 p.m. close in the emirate. The measure retreated 9.6 percent this year, its worst annual performance since 2008…………………………………….Full Article: Source