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,...
UAE stocks experienced a notable surge driven by optimism surrounding potential trade talks between the US and China. This positive sentiment led to gains in the markets of both Dubai and Abu Dhabi. The renewed discussions between the US and China have positively impacted global markets, with the UAE showing similar trends. Dubai’s main index...
Markets in the United Arab Emirates closed higher on April 9, 2025, despite escalating tensions from the ongoing US-China trade war. This resilience was observed even as US President Donald Trump intensified the tariff battle by raising duties on Chinese goods to 104%. The FTSE ADX General Index rose by 0.853%, while the DFM General...
Ninety One Plc is actively buying stocks from the United Arab Emirates as investors seek alternatives that are less vulnerable to the ongoing trade war initiated by former President Donald Trump. The firm’s emerging-markets equity team, which oversees $11 billion in assets, is particularly favoring the UAE for its “uncorrelated markets” in relation to U.S....