Italian banking shares surged again bringing their three-day gains to 20 percent and putting them on track for the best week since at least 2009.
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World shares climbed to a near three-month high on Thursday.
Here are some factors that may affect Middle East stock markets on Wednesday.
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Euro held most of the wild three-cent gains it had seen in the wake of Italy's referendum.
Located in Dubai, IMG Worlds of Legends will feature eight property partnerships with global names.
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Asian stocks saw their strongest day for 2 weeks, and Europe's main bourses struggled into positive territory.