After a two-day break caused by Iran’s strikes on UAE territory, the country’s stock markets will resume activity on Wednesday.
“Elchi” reports, citing “Al-Jazeera”, that the UAE’s Securities and Commodities Authority (CMA) announced this.
It was noted that trading will resume on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM).
“The resumption of the exchanges’ activity is being carried out within the framework of ongoing coordination between the regulatory body and the exchanges, in accordance with previously announced times,” the CMA’s statement said.
The Authority noted that it will continue to monitor the situation and, if necessary, will take measures to protect investors.
The Dubai Financial Services Authority (DFSA) stated that “Nasdaq Dubai” will also open for trading on Wednesday.