MIDEAST STOCKS-Abu Dhabi merger deal lifts UAE shares; most mkts gain
 

08-01-13 05:03 PM

DUBAI, Jan 8 (Reuters) - An initial merger agreement betweenAbu Dhabi's top two developers on Tuesday added fuel to a rallyon UAE bourses driven by bets of strong fourth-quarter earnings,while other regional markets also rose. Shares in Aldar Properties and Sorouh Real Estate jumped 6.4 and 7.2 percent respectively after sourcesfamiliar with the matter told Reuters that the pair had reachedan ...

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