Dubai and Abu Dhabi lead regional market gains

UAE stock markets recorded the strongest gains in the Gulf as investors reacted positively to the preliminary US-Iran peace agreement. Dubai’s benchmark index rose 1.7%, supported by strong performances from Emaar Properties, Emirates NBD, and Air Arabia, while Abu Dhabi’s index gained 1.2%.

Analysts believe improving regional stability could strengthen trade flows, encourage foreign investment, and support economic growth throughout the UAE and wider GCC region. Brent crude prices also declined as concerns over energy supply disruptions eased.

Source : Reuters.