Israel Iran War · 30 March 2026

$120 billion wiped from UAE markets

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.

By BriefTea Editorial · 30 March 2026 at 6:20

Reported by Middle East Eye · How we write briefs

Get the app

More briefs

PoliticsBurnham to end indefinite jail terms by parliament's end BusinessEngland's free bus pass age will rise to 67 by April 2028 EntertainmentAnne Hathaway joins Tom Cruise in Days of Thunder sequel out 2028 WorldArizona desert deaths of 19 migrants last month hit a two-year record GeneralCatholic Church forced adoptions continued into the 1980s SportsCollege football player MicahJo Barnett dies after sideline emergency Browse all stories →