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MIDEAST STOCKS-UAE, Qatar edge up after ECB easing
(Updates with markets open) DUBAI, Jan 25 (Reuters) - Stock markets in the United Arab Emirates and Qatar edged up in early trade on Sunday after a new ruler assumed power smoothly in Saudi Arabia and the European Central Bank launched a bond-buying programme which boosted equities globally. Dubai's bourse rose 0.4 percent and shares in builder Arabtec Holding added 1.7 percent after the firm said it had won two contracts in Abu Dhabi worth 560 million dirhams ($152.5 million) combined. Abu Dhabi's index climbed 1.3 percent as shares in First Gulf Bank jumped 3.0 percent. Qatar's market edged up 0.8 percent, largely on the back of Qatar National Bank which jumped 3.4 percent.
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