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downturn

downturn latest

UAE stock markets
August 10th, 2023 - 03:52 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

UAE stock markets slide on global economic concerns and oil price instability

ALBAWABA- UAE stock markets have registered a downturn as Thursday's trading session came to a close, spurred by mounting apprehensions regarding the global economic slowdown and fluctuations in oil prices. This decline has led to significant losses exceeding AED 6 billion. Notably, the Dubai Financial Market recorded losses of AED 4.033 billion, while the Abu Dhabi Securities Exchange faced losses of AED 2 billion, contributing to an overall deficit of ...
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