Dubai's index DFM reached a five-week closing high, with investors more optimistic that earnings will improve in 2011.
Emaar Properties climbed 1 percent, Emirates NBD rose 0.3 percent and Arabtec added 0.6 percent.
"There's been a re-rating in the UAE market, partially driven by strength in Saudi Arabia," said Walid Shihabi, Shuaa Securities chief executive.
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