UPDATE 1-MIDEAST STOCKS-Air Arabia, GFH help lift Dubai | Reuters:
"Positive news lifted some stocks in Dubai in early trade on Wednesday and markets in Abu Dhabi and Qatar also edged up.
Dubai's bourse rose 0.6 percent. Shares in low-cost carrier Air Arabia climbed 1.4 percent after it announced a $230 million deal with Dubai Islamic Bank to finance the purchase of six new Airbus A320 aircraft in 2015.
Bahrain's Gulf Finance House, which is also listed in Dubai, rose 1.9 percent after completing a capital reduction plan, a move that will help the Islamic investment firm cut accumulated losses."
'via Blog this'
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