Dubai stocks hit 11-month low after Iran strike on airport
Dubai’s main stock index fell to an 11-month low on Monday after an Iranian strike on Dubai airport deepened investor concerns about the escalating regional conflict, triggering broad selling across UAE markets.
The benchmark index of the Dubai Financial Market dropped 3.5% to 5,235 points, its lowest close since April 2025. The Abu Dhabi Securities Exchange also declined during trading before recovering some losses, ending the day down 0.2% after late buying activity.
The latest market decline follows the escalation of hostilities after the United States and Israel launched strikes on Iran on February 28. Since then, Dubai’s benchmark has fallen about 19.5%, while Abu Dhabi’s index has dropped around 9.5%.
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Muhammad Ali Bandial