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Dubai stocks slip briefly into bear market territory
The benchmark closed below its February peak yesterday
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
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
Markets absorb reopening shock as investors retreat to cash
Only six companies on the DFM and the ADX closed in the green yesterday
THIS MORNING: School’s still out + Markets open today for the first time since the war hit
Plus: First signs of supply chain distress hit China-Gulf corridor for sulfur
Global investors turn sour on EMs after record-setting rally amid regional war
A gauge of developing-nation FX fell 0.9% after touching all-time highs last week as the USD strengthened
THIS MORNING: JPMorgan trims Gulf growth forecast + Adnoc shelves dim sum issuance amid regional conflict
Plus: Expect a volatile market open tomorrow, pundits say
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