UAE: Trading suspended on the Dubai and Abu Dhabi stock exchanges until Tuesday
The Financial Markets Regulatory Authority in the country announced United Arab Emirates, on Sunday, suspended trading in the Dubai and Abu Dhabi stock exchanges until Tuesday due to the ongoing conflict in the region.
The closure decision includes the Dubai Financial Market and the Abu Dhabi Securities Market, according to the Securities and Commodities Authority, which confirmed in a statement that it "It will continue to closely follow developments in the region and evaluate the situation on an ongoing basis, while taking the necessary additional measures according to developments" Gulf stocks, on Sunday, against the backdrop of the American and Israeli attacks on Iran, and the subsequent Iranian attacks that targeted Gulf cities.
The attacks on Iran and the subsequent attacks on Gulf cities raised fears of a widening scope of regional instability, especially with the closure of the Strait of Hormuz.
The UAE has been subjected to Iranian attacks since Saturday, in response to Israeli attacks-The United States announced on Sunday evening the withdrawal of its ambassador and the closure of its embassy in Iran in protest against the attacks.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
