24-01-2016 08:09 via rocketnews.com

MIDEAST STOCKS-UAE, Qatar join global equities rebound

DUBAI, Jan 24 (Reuters) – Major Gulf bourses soared morethan 4.0 percent in early trade on Sunday, joining a globalstock market rally after oil prices rocketed at the end of lastweek. Dubai’s index rebounded 6.4 percent in the openingminutes of trade, recouping most of last week’s losses. Arabtec and Emaar Properties jumped 10.9and 8.5 percent respectively. Abu Dhabi’s benchmark jumped 4.2 percent, trimmingits losses to 9.4 percent this year. Blue-chip lenders National B
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