Emaar boost Dubai’s index after 10% cash dividend gets approval.

In Saudi Arabia, investors waited for first quarter numbers and gained steadily. In March Saudi Arabia index mounted to 0.3% to 6,530 points, winning gains to 9.8%.

Saudi Basic Industries Corp (SABIC) mounted 0.5 percent and Saudi Arabian Fertilizers Co (Safco) climbed 0.7 percent.

In 2011 banking index stood at 6.6% high with Al-Rajhi Bank jumped 0.7 percent and Samba Financial Group added 0.9 percent.

More than 50% of the total market capitalization is accounted by banks and petrochemicals sector.

Emaar kept UAE market higher with Properties' dividend approval. Emaar go up by 2.5% by taking Dubai’s index up by 0.5% to 1565 points.

Abu Dhabi's index rose 0.1 percent to 2,636 points. Among various stocks, Arabtec rose 0.6 percent, Aldar Properties added 0.7 percent and Dana Gas is flat.