a saudi trader observes the stock market on monitors at falcom stock exchange agency in riyadh saudi arabia february 7 2018 reutersfaisal al nasser sept 1 reuters  dubai shares rose in early trade on wednesday supported by gains in property stocks while other major gulf markets traded mixed dubais main share index dfmgi added 01 with bluechip developer emaar properties emardu rising 1 while its unit emaar malls emaadu operator of glitzy middle east shopping centers advanced 15 emaar properties is weighing options to sell fashion ecommerce business namshi that may include a listing abroad via a spac reuters reported on tuesday citing three sources familiar with the matter read more an outright sale of namshi may generate 600 million to 700 million in proceeds while a listing through a special purpose acquisition company spac could be more lucrative said one of the sources spacs are not permitted on uae bourses encouraging companies to seek out alternative venues read more however oil prices a key catalyst for the gulfs financial stocks rose ahead of opec meeting and energy information administration report in abu dhabi the index adi fell 04 weighed down by a 05 fall in first abu dhabi bank fabad a day after the countrys largest lender launched 250 million pounds 34393 million in 5year bonds among other losers abu dhabi national hotels adnhad retreated a further 5 abu dhabi stateowned holding company adq has withdrawn an offer to combine abu dhabi national hotels company adnh with abu dhabi national exhibitions company adnec read more the qatari index qsi edged up 01 helped by a 12 rise in petrochemical maker industries qatar iqcdqa reporting by ateeq shariff in bengaluru editing by rashmi aich