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UAE Stock Markets Reopen March 4 After Iran Conflict Closure

Bloomberg Markets •
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The United Arab Emirates will reopen its two major stock exchanges on March 4 after a two-day closure triggered by escalating conflict between the US, Israel, and Iran. The Dubai Financial Market and Abu Dhabi Securities Exchange will resume trading with a temporary 5% limit down threshold to manage volatility, according to the UAE Capital Market Authority.

Iran launched dozens of projectiles toward the UAE in response to US and Israeli strikes that began Saturday, disrupting the emirates' carefully cultivated image as regional safe havens. The conflict threatens to impact both tourist arrivals and foreign investment in the Gulf states. Citigroup analysts warned that while Gulf markets can handle short-term conflict, a prolonged war could have severe economic consequences.

US President Donald Trump indicated the bombing campaign against Iran could last weeks, while regional allies including the UAE and Qatar are privately urging Washington to seek a diplomatic off-ramp. The UAE regulator emphasized it will continue monitoring developments and implement protective measures as needed to safeguard investors.