Dubai’s main stock index dropped more than 4.7 percent on March 4 as escalating military tensions across the Gulf rattled investor confidence, sending major UAE-listed companies including Emaar Properties lower during afternoon trading.
The UAE has pushed back against what it called inaccurate Bloomberg reporting on its defense readiness, issuing a firm response as missile interceptions continue across the Gulf amid rising regional tensions.
The UAE has closed its stock markets and airspace as regional tensions surge following Iran-related strikes. Officials say safety systems are fully active while thousands of travelers face flight disruptions.
England pulled off a tense four wicket win over New Zealand in Colombo, chasing 160 with three balls left and leaving the Black Caps’ semi-final hopes hanging on net run rate.