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Middle East Tensions Lead to Two-Day Closure of UAE Stock Markets

The UAE suspended trading on its Abu Dhabi and Dubai exchanges to prevent market instability amid damage from Iran’s missile and drone strikes, holding $1.1 trillion in assets.

  • On March 2, the UAE Capital Markets Authority ordered the Abu Dhabi Securities Exchange and Dubai Financial Market shut on March 2 and March 3, citing its regulatory role and monitoring developments.
  • Iran launched retaliatory missile and drone strikes over the weekend after joint US-Israel attacks, with most intercepted and few casualties reported in Gulf countries with US bases.
  • Holding $1.1 trillion, the UAE stock exchanges have a 1.4% MSCI Inc. relevance, with billions of dollars in assets suspended as investors await damage clarity.
  • Gulf markets that opened on Sunday plunged, with Saudi Arabia's benchmark index dropping more than four per cent, Oman down 3pc, Egypt's main index shedding 5.44pc, and Kuwait suspending trading.
  • Such shutdowns are rare in the UAE outside scheduled holidays, as UAE bourses typically close only for national mourning; analysts warn attacks risk absorbing 350,000 units and 120 million footfalls.
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ts2.tech broke the news in on Sunday, March 1, 2026.
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