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DUBAI, May 24 (Reuters) - Shares in companies linked to tourism underperformed in Dubai in an otherwise flat regional market in early trade on Wednesday.
Dubai's theme park operator, and constituent of the MSCI emerging market benchmark, DXB Entertainments
Its shares been hit hard over the last few sessions, as investors expect Ramadan and hot summer weather may reduce footfall at its Dubai hotels and theme parks.
Emaar Malls Group
Although this may be an alternative revenue stream for Emaar Malls, which depends on brick and mortar businesses and visitors to its malls, some investors may find the expected acquisition will hurt its core business.
Dubai's index
In Abu Dhabi, the index
Meanwhile, Qatar's index
In Saudi Arabia, the index
Saudi Industrial Development
(Reporting by Celine Aswad; Additional reporting by Hadeel Al Sayegh; Editing by Andrew Torchia and Andrew Heavens) ((celine.aswad@thomsonreuters.com)(+9715 62247653)(Reuters Messaging: celine.aswad.thomsonreuters.com@reuters.net))
Keywords: MIDEAST STOCKS/