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Dubai, Turkey stocks surge on Iran nuclear deal

London

EMERGING-MARKET stocks from Dubai to Turkey best-positioned to profit from an end to sanctions on Iran surged after Teheran concluded a nuclear deal with world powers.

Dubai's DP World Ltd, which operates the Persian Gulf's biggest port, rose the most since May, taking a four-day gain to 6.7 per cent. Property companies and banks in the emirate also jumped.

Iran and six global powers sealed the accord to curb the country's nuclear programme in return for ending penalties, unlocking one of the...

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