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Israel Iran War · 30 March 2026

$120 billion wiped from UAE markets

$120 billion wiped from UAE markets

Unsplash / Maxim Hopman

The UAE economy is experiencing its worst shock in decades, directly affecting industries like finance and aviation. Over $120 billion in value has been lost from the Dubai and Abu Dhabi stock markets in the past month due to the Israeli-US war. Property transactions fell 37 percent year-on-year, with at least 18,400 flights cancelled.

Reported by Middle East Eye · How we write briefs

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