Stock markets in the United Arab Emirates experienced gains on Monday, aligning with Asian markets as investors looked forward to the outcome of U.S.-China trade talks taking place in London. The discussions are seen as crucial for easing the ongoing trade dispute between the two economic powerhouses, which has expanded to include export controls on...
Dubai’s benchmark index reached a record high last Friday and maintained its upward trend earlier this week. Both Dubai’s main share index and Abu Dhabi’s benchmark index recorded their sixth consecutive weekly gain, closing the week 0.12% higher. On Friday, Dubai’s main share index increased by 0.21%, closing at 5 464, while Abu Dhabi’s benchmark...
Dubai’s stock index has reached new 17-year highs this week, driven by rising first-quarter earnings and a strong non-oil economy that has attracted investors to UAE stocks over the larger Saudi market. The Dubai Financial Market General Index has seen a notable increase, highlighting the growing investor confidence in the region. In contrast, Gulf markets,...