Real Estate And Bank Stocks Bring Down Dubai And Abu Dhabi Markets

Dubai's main index closed 1.63 per cent lower at 2,907 points, weighed down by bank and real estate stocks. Emirates NBD and Dubai Islamic Bank ended 4.72 per cent and 1.22 per cent lower respectively. Emaar Properties and Union Properties fell 1.14 per cent and 1.96 per cent respectively, while mortgage lender Tamweel slipped 4.52 per cent. In Abu Dhabi, the benchmark ended 0.55 per cent lower at 3,357 points, with banks and real estate companies also among the index's top heavyweight losers. Abu Dhabi Commercial Bank declined 4.01 per cent, while Sorouh Real Estate lost 3.21 per cent. Kuwait's main index closed 1.88 per cent lower at 9,681 points as major bluechips are hit by investor concerns over the fallout from the global financial crisis. Full floor is available for sale. It is the 25th floor of Jumeirah Business Centre 2 in Jumeirah Lake Tower. Its area is 14379 square feet. for more information please contact us. 11800 square feet, spacious size full floor is available for sale. It is the 24th floor of Farretti Tower, Madinat Al Arab. This property is vacant and ready for possession. on 4th floor of Maysan Tower 1 in Asmaran three bedroom apartment is available for sale. Its area is 1713 square feet. For further details please contact us.