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MIDEAST STOCKS-Qatar market up on foreign ownership hopes, other markets flat

*Dubai closes down, ending two-day rally. *Abu Dhabi, Qatar close higher but volumes remain weak. DUBAI, May 24- Qatari stocks led regional gains on Thursday after the government announced it was moving ahead with a draft law to allow full foreign ownership of companies.

Source: Reuters

MIDEAST STOCKS-Dubai market down on profit taking, other markets mixed

*Dubai closes down, ending two-day rally. *Abu Dhabi, Qatar close higher but volumes remain weak. RIYADH, May 23- The Dubai market closed lower on Wednesday, ending a two-day rally as investors took profit on a select number of stocks, while blue chips led by Jabal Omar pushed the Saudi market into weaker territory.

Source: Reuters

Critics see no end to foreign favors to Trump businesses

"Too many jobs in China lost," he wrote. Richard Blumenthal, a Connecticut Democrat who is heading up an emoluments lawsuit brought by about 200 or so members of Congress. His Washington hotel, just blocks from the White House, has become a magnet for foreign governments seeking to influence his administration, including groups tied to Kuwait, Bahrain, Turkey,...

Source: The Associated Press

MIDEAST STOCKS-Emirates NBD boosts Dubai; Abu Dhabi, Saudi stocks also up

*Dubai's Emirates NBD closes up 8.4 percent. *In Qatar, Commercial Bank and Doha Bank defy downgrade. DUBAI, May 22- United Arab Emirates stocks led regional gains on Tuesday, with Dubai's market bolstered by a surge in Emirates NBD after it agreed to buy Turkish lender Denizbank for $3.2 billion.

Source: Reuters

MIDEAST STOCKS-Property stocks lift Dubai after UAE long-term visa move

DUBAI, May 21- Dubai stocks climbed to a more than two-week high on Monday, as sentiment for property shares was lifted by a decision of the United Arab Emirates' government to grant residency visas of up to 10 years to investors and specialists. Emaar Properties rose 2.9 percent and DAMAC Properties climbed 4.8 percent, lifting the Dubai index by almost 1 percent...

Source: Reuters

MIDEAST STOCKS-Saudi flat, Drake and Scull International lifts Dubai

DUBAI, May 20- Gulf stock markets were mostly flat on Sunday amid low trading volumes and a lack of significant events. Most of the trading was concentrated on real estate developer Dar Al Arkan Real Estate Development Co., which was up 0.4 percent, and Alinma Bank, down 0.1 percent. Real estate developer Jabal Omar Development was among the best performers, up 3.9...

Source: Reuters

MIDEAST STOCKS-Saudi banks merger boosts Alawwal as geopolitical worries weigh on Gulf

*Dubai Islamic Bank weighs on index. *Dana Gas, ADNOC Distribution up in Abu Dhabi. DUBAI, May 16- Saudi Arabia's Alawwal Bank soared on Wednesday after the announcement of its planned merger with Saudi British Bank, while most Gulf stock markets closed in negative territory on the back of rising geopolitical concerns.

Source: Reuters

Islamic finance feels heat from $700 mln Dana sukuk saga

*UAE's Dana Gas, creditors committee agree on settlement. DUBAI, May 15- Islamic finance operators are scrambling to tighten the industry's rules in order to make sure other companies cannot take the same path as Dana Gas, which this week forced a $700 million debt restructuring. The original sukuk used a mudaraba structure, an investment management partnership,...

Source: Reuters

MIDEAST STOCKS-Emaar sends Dubai up; other markets close mixed

*Dubai leads UAE markets rise. RIYADH, May 15- Dubai led a rise in United Arab Emirates markets on Tuesday, closing more than 1 percent up, backed by solid gains in blue chips, while Saudi and Qatar reversed earlier gains and closed on a slightly negative note. Its affiliate Emaar Development gained 1.5 percent after MSCI decided overnight to add the stock to its...

Source: Reuters

UPDATE 2-SoftBank's Son says new Vision Fund to be set up in "near future"

*Vision Fund 2 launch not in next six months. TOKYO, May 15- SoftBank Group Corp Chief Executive Masayoshi Son, founder of the world's largest private equity fund, said on Tuesday a second Vision Fund would be set up in the near future, with funds from investors in the first venture or institutions. Son's reputation as a visionary investor has attracted more than $93...

Source: Reuters