World · 16 March 2026
Dubai Stocks Fall 21% into Bear Market
Unsplash / Jake De-bique
Ordinary people in Dubai are affected as the ongoing Middle East crisis causes chaos in energy, shipping, property, and tourism industries. Dubai stocks have consequently moved into bear market territory, with the Financial Market General Index falling 3.2% on Monday as the war enters its third week. For example, Emaar Properties PJSC has seen its value drop 34% since the conflict began at the end of February.
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