UPDATE 1-MIDEAST STOCKS-Emaar lifts Dubai after announcing fresh IPO plans | Reuters:
"Emaar Properties, Dubai's largest listed developer, lifted the emirate's bourse in early trade on Tuesday after announcing plans to float its Egyptian unit next year following the successful listing of its malls and retail business.
Shares in Emaar rose 1.4 percent to 11.35 dirhams and were the main support for Dubai's index, which added 0.4 percent.
Mohamed Alabbar, Emaar's chairman, said last Thursday that the company's Egyptian unit, Emaar Misr, would go public around June 2015 and had a value of 3-4 billion dirhams ($817 million-$1.09 billion)."
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