A trader watches his monitor at the Egyptian stock exchange in Cairo April 1, 2014. (REUTERS/Mohamed Abd El Ghany)
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Dubai's benchmark index gained for the seventh time in eight days, as real estate companies rose, shrugging off an emerging markets drop.The DFM General Index rose 0.6 percent to 5,116.49 at the close in the emirate after increasing almost 1.6 percent. Emaar Properties PJSC, the stock with the highest weighting on the gauge, rose 1.9 percent. Qatar's index declined 0.7 percent, the most in two weeks.Dubai's gauge is up 52 percent this year, making it the best performer among more than 90 measures tracked globally by Bloomberg. Aldar, Abu Dhabi's biggest developer, which announced three residential projects valued at a total of 5 billion dirhams ($1.36 billion) on April 21, declined 1.2 percent.Saudi Arabia's Tadawul All Share Index advanced 0.2 percent, led by insurance stocks.
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