Dubai's main share index declined 2%
you are currently viewing::Dubai's main share index declined 2%March 17, 2026-Most Gulf stock markets fell in early trading on Monday, led by losses in Dubai as the Iran conflict weighed on investor sentiment and spurred risk aversion across the region. Over the weekend, Trump threatened further strikes on Iran's Kharg Island 0which accounts for roughly 90% of the country's oil exports-after earlier attacks on military targets prompted a defiant response from Tehran and raised the prospect of further retaliation. Source: zawya.com |
May 18, 2026--Singapore is navigating elevated global uncertainty from a position of strength. The country faces upside inflation risks and downside growth risks stemming from a possible escalation of the war in the Middle East.
April 30, 2026-The Abu Dhabi Securities Exchange (ADX) Group has hosted the initial offering period (IOP) for a US-based ETF, followed by the cross-listing of the KraneShares Wahed Alternative Income Index ETF (KWIN).
April 28, 2026- Announcement of its exit on Friday comes as Gulf producers are already struggling to ship exports through the Strait of Hormuz.
The United Arab Emirates has announced its decision to quit OPEC and OPEC+ to focus on "national interests", dealing a heavy blow to the oil-exporting groups at a time when the US-Israel war on Iran has caused a historic energy shock and rattled the global economy.
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April 26, 2026-The war has deepened instability in the Middle East
Most stock markets eked out small gains on Sunday despite hopes for a diplomatic breakthrough in the U.S.-Israeli conflict with Iran fading, with stalled talks underscoring the hardening positions of both Tehran and Washington.
April 7, 2026-GDP in Saudi Arabia and the UAE could fall by 3% and 5% respectively
The US-Israel war with Iran has now stretched beyond five weeks, inflicting extensive damage on energy infrastructure, airports, ports and commercial and technology hubs across the six GCC states.