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US-Iran War: Dubai, Abu Dhabi stock markets shut today and tomorrow as Middle East war intensifies

US-Iran War: Stock exchanges in the United Arab Emirates will remain closed for two days — Monday, March 2, and Tuesday, March 3 — as tensions escalate across the Middle East, according to a report by Gulf News. The shutdown applies to both the Abu Dhabi Securities Exchange and the Dubai Financial Market. The Capital Market Authority confirmed that trading across the country’s exchanges would be suspended on the specified dates.

US-Iran War: Dubai, Abu Dhabi stock markets shut today and tomorrow as Middle East war intensifies

Credit: Livemint

Key Highlights

  • The regulator stated that the decision was taken in line with its regulatory and supervisory mandate and in accordance with applicable laws and regulations.
  • It added that authorities will continue to closely monitor regional developments, assess the situation on an ongoing basis, and take any additional measures if required depending on evolving circumstances.
  • The Authority also urged stakeholders to rely on its official communication channels, along with those of the Abu Dhabi Securities Exchange and the Dubai Financial Market, for further updates.
  • The move comes as military tensions intensify following escalating confrontations involving Iran, the United States and Israel.
  • The conflict has led to retaliatory strikes and security incidents across several Gulf Cooperation Council (GCC) countries, including the UAE, Bahrain, Kuwait, Qatar and Oman.
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Sources

  1. US-Iran War: Dubai, Abu Dhabi stock markets shut today and tomorrow as Middle East war intensifies

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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