Dubai Financial Market weekly wrap: DFM index slides as Iran tensions hit Emaar, banks
Dubai’s main stock index fell 1.8% to 6,503.50 on Friday, with Emaar Properties dropping 4.1% and Emirates NBD down 5.2%. Selling intensified after U.S.-Iran nuclear talks stalled and regional tensions rose. Abu Dhabi’s index slipped 1.3% even as oil gained nearly 2%. Dubai markets reopen Monday amid heightened geopolitical risk.