Sharp Decline in Dubai and Abu Dhabi Stock Exchanges

The Dubai and Abu Dhabi stock exchanges reopened on Wednesday following a two-day closure amid extensive Iranian attacks in the Gulf.

The Dubai Financial Market (DFM) General Index opened with a sharp decline of 4.7%, while the Abu Dhabi Securities Exchange (ADX) General Index also recorded a steep drop of 3.5% shortly after opening.اضافة اعلان

The UAE Securities and Commodities Authority (SCA) had previously announced the closure of the country's capital markets—both ADX and DFM—on Monday and Tuesday. — (AFP)