Smoke rises from the Zayed port after the US and Israeli assault on Iran in Abu Dhabi, United Arab Emirates, March 1, 2026. Picture credit score: Reuters
The United Arab Emirates has ordered its inventory market closed on Monday (March 2, 2026) and Tuesday (March 3, 2026), reeling from Iran’s retaliatory missile and drone assaults in an indication of rising financial turmoil throughout the Gulf.
The UAE Capital Markets Authority introduced that the Abu Dhabi Inventory Alternate and Dubai Monetary Market will stay closed on March 2 and March 3 as a consequence of their supervisory and regulatory position over the nation’s capital markets.
“Authorities will proceed to watch developments within the area, frequently assess the state of affairs and take additional motion if essential,” the assertion stated.
The UAE’s two exchanges are house to a few of the area’s most respected listed firms.
The closure leaves billions of {dollars} in listed belongings frozen as traders await readability on the dimensions of injury brought on by Saturday and Sunday’s strikes that hit airports, ports and residential areas throughout the United Arab Emirates (UAE) and the Gulf area.
The Gulf Market, which opened on Sunday (March 1, 2026), noticed a big decline. Saudi Arabia’s benchmark index fell greater than 4%, Oman’s fell 3%, Egypt’s important index fell 5.44%, and Kuwait suspended buying and selling altogether.
All events have been suggested to comply with the official channels of the UAE Capital Markets Authority, ADX and DFM for the most recent data on the resumption of buying and selling.
