nov 18 reuters  stock markets in united arab emirates closed higher on friday as rising oil prices and ipo plan boosted investor sentiment in the region uae schools operator taaleem holdings priced its initial public offering at 3 dirhams 08168 a share the top end of a range announced last week read more taaleems shares will begin trading on nov 29 and will have an expected market capitalisation of 3 billion dirhams at the time of listing the market in neighbouring abu dhabi also been cheering as it got support from middle east kfc operator americanas ipo plan after it increased the offering size for uae retail investors to 10 from 5 in dubai the main share index dfmgi rose 06 on the back of a 13 rise in dubai electricity and water authority dewaadu dubais stock market could see some support from the successful ipos which helped attract investors’ interest the dynamic ipo scene could help keep the market around or above current levels said daniel takieddine ceo mena at bdswiss abu dhabis index ftfadgi added 04 bolstered by a 25 increase ad ports group after saying it acquired global integrated logistics platform noatum in a deal worth aed 25 billion 68066 million to expand logistics business reporting by shamsuddin mohd in bengaluru editing by alison williams