Mideast Stocks: Banks, property shares buoy UAE; Egypt retreats – ZAWYA

Mideast Stocks: Banks, property shares buoy UAE; Egypt retreats – ZAWYA

Mideast Stocks: Banks, property shares buoy UAE; Egypt retreats | ZAWYA MENA Edition HomeMarketsEquitiesArticleMideast Stocks: Banks, property shares buoy UAE; Egypt retreats Amlak Finance, Dubai Land Dept sign property investment deal    Stock markets in the United Arab Emirates (UAE) closed higher on Tuesday, led by financials and property shares, while Egypt ended marginally lower as tobacco heavyweight Eastern Company lost more than 3%.Dubai's main share index gained 0.5%, led by a 1.5% rise in blue-chip developer Emaar Properties and a 0.5% gain in Emirates NBD Bank.Amlak Finance surged 14.6%, its biggest intraday gain since Dec. 2019, after signing an agreement with Dubai Land Department allowing customers to invest in properties listed by the firm.  Dubai's main share index gained 0.5%, led by a 1.5% rise in blue-chip developer Emaar Properties and a 0.5% gain in Emirates NBD Bank.Stock markets in the United Arab Emirates (UAE) closed higher on Tuesday, led by financials and property shares, while Egypt ended marginally lower as tobacco heavyweight Eastern Company lost more than 3%.Amlak Finance surged 14.6%, its biggest intraday gain since Dec. 2019, after signing an agreement with Dubai Land Department allowing customers to invest in properties listed by the firm. The Abu Dhabi