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Equity sell-off continues amid uncertain outlook for the war
Last week saw around USD 750 mn in net foreign outflows from UAE indices
Dubai stocks slip briefly into bear market territory
The benchmark closed below its February peak yesterday
DIFC offices evacuate, while some revert to remote work protocols amid missile threats
An abrupt evacuation at Dubai’s main financial hub tests the UAE’s “business as usual” narrative as threat hits finance and…
Gov’t might give the retail sector a boost as the war dampens consumer confidence, BMI says
BMI expects authorities to lean on fiscal support, expat incentives, and price stability if war nerves begin reaching tills
THIS MORNING: Markets close in green for first time since war began + DP launches land bridge to bypass port disruption
Plus: The UAE’s tourism sector is the most exposed in the Gulf
War hasn’t cracked UAE property yet, but it may test how much confidence is already priced in
Moody’s still sees only mild cooling ahead, but says a sharper correction would need one thing supply alone cannot create…
THIS MORNING: More force majeure declared + G7, IEA eye emergency oil taps
PLUS: DIFC just delivered more space
THIS MORNING: Attacks on energy infrastructure in the Gulf continue + Flights disrupted last night due to missile threat
Plus: Fitch sees Strait of Hormuz closure as posing a “limited” shock to oil prices
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