* Two Egyptian food makers post poor earnings

* Commercial International Bank, Global Telecom pull back

* Dubai Financial Market shares close flat in heavy trade

* Etisalat boosts Abu Dhabi after earnings

* Qatar First Bank drops on Q2 loss

By Andrew Torchia

DUBAI, July 27 (Reuters) - A slide in shares of Egypt's Juhayna Food Industries JUFO.CA after it reported second-quarter earnings pulled down Egypt's stock market on Thursday, while Gulf bourses were mixed.

Egypt's blue-chip index .EGX30 dropped 1.4 percent as Juhayna sank 4.2 percent after saying consolidated net profit attributable to shareholders fell to 27.2 million Egyptian pounds ($1.5 million) from 29.8 million pounds a year earlier.

A couple of other blue chips also retreated significantly: Commercial International Bank COMI.CA lost 1.9 percent and Global Telecom GTHE.CA slipped 3.0 percent.

Another food maker, Edita Food Industries EFID.CA , tumbled 4.3 percent after posting a quarterly loss of 1.7 million pounds compared to a profit of 41.6 million pounds a year ago.

In the Gulf, markets again failed to follow global equities' uptrend, underlining how shaky oil prices, sluggish economies and an uninspiring corporate profit outlook are deterring investors in the region.

In Saudi Arabia, the index .TASI fell 0.4 percent in a broad-based decline; losers outnumbered gainers by 114 to 59. National Medical 4005.SE tumbled 6.4 percent after its quarterly profit shrank to 9.5 million riyals ($2.5 million)from 59.3 million riyals.

Chemanol 2001.SE climbed as much as 2.0 percent after reporting second-quarter net profit jumped to 2.6 million riyals from almost zero a year earlier, but it closed only 0.2 percent higher.

Dubai's index .DFMGI edged down 0.1 percent with Dubai Financial Market DFM.DU , the most heavily traded stock, closing flat after an early surge.

Abu Dhabi's index .ADI rose 1.0 percent as telecommunications firm Etisalat ETEL.AD gained 2.2 percent. It posted a 14.7 percent drop in second-quarter net profit attributable to shareholders as impairments rose, its full financial report showed on Thursday.

However, on Wednesday it issued a statement saying its net profit rose 6 percent, without giving any breakdown of the earnings.

The United Arab Emirates' biggest bank, First Abu Dhabi Bank FAB.AD , created this year by a merger of National Bank of Abu Dhabi and First Gulf Bank, rose 1.0 percent after reporting a quarterly net profit of 2.56 billion dirhams ($697.5 million).

On a pro-forma basis, the profit was down from 2.68 billion dirhams a year earlier, primarily due to slower business momentum. It was in line with a projection of 2.57 billion dirhams by EFG Hermes.

Qatar's index .QSI fell 0.2 percent as Qatar First Bank QFBQ.QA dropped 2.3 percent to 7.60 riyals, though it came well off an intra-day low of 7.21 riyals.

The bank reported a first-half net loss of 76.7 million riyals ($21.1 million) versus a profit of 16.8 million riyals a year ago. In the first quarter of this year, it made a net loss of 9.6 million riyals.

Telecommunications operator Ooredoo ORDS.QA closed flat after reporting a 12 percent drop in second-quarter net profit to 513 million riyals; SICO Bahrain had forecast 642.81 million riyals and EFG Hermes, 529.3 million riyals.



HIGHLIGHTS



SAUDI ARABIA



* The index .TASI fell 0.4 percent to 7,175 points.



DUBAI



* The index .DFMGI edged down 0.1 percent to 3,606 points.



ABU DHABI



* The index .ADI rose 1.0 percent to 4,568 points.



QATAR



* The index .QSI fell 0.2 percent to 9,563 points.



EGYPT



* The index .EGX30 dropped 1.3 percent to 13,625 points.



KUWAIT



* The index .KWSE slipped 0.6 percent to 6,805 points.

BAHRAIN



* The index .BAX fell 0.2 percent to 1,335 points.



OMAN



* The index .MSI gained 0.4 percent to 5,048 points.

(Reporting by Andrew Torchia; editing by Mark Heinrich) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))