| From Gulfnews.com: Dubai shares declined on concern that developers may take further measures to curb property speculation, damping share prices. Deyaar Development led property stocks lower. Qatar National Bank retreated after buying a stake in a UAE bank. DP World jumped after reporting first-half profit almost doubled, beating analysts' estimates.
The Dubai Financial Market General Index retreated 0.3 per cent to 4,789.81.The Abu Dhabi index added 1.3 per cent, ending three days of declines. It rose to 4,416.08."The lack of any positive catalyst, with the summer holidays and Ramadan, is leaving the markets vulnerable,'' said Ali Khan, head of equity trading at Dubai-based Arqaam Capital. .... Full Article: Source
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