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UAE Shuts Abu Dhabi and Dubai Stock Markets for Two Days After Iranian Strikes

Officials cast the move as a precaution to preserve market stability.

Overview

  • The Capital Market Authority ordered ADX and DFM to close on March 2–3, citing its supervisory powers and continuous monitoring of the security situation.
  • UAE authorities reported three deaths and dozens injured from the weekend missile and drone attacks that prompted the trading halt.
  • The regulator advised investors to rely on CMA, ADX and DFM channels for reopening updates and said further measures could follow if conditions deteriorate.
  • The suspension, unusual outside scheduled holidays, covers exchanges with about $1.1 trillion in combined market value, and Nasdaq Dubai trading was also paused.
  • Regional markets reflected heightened risk as Qatar and Kuwait shares fell on Monday, with airspace restrictions and other risk indicators weighing on Gulf activity.