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Asia Markets

UAE Stocks End Week Upbeat Amid Optimism on Easing Middle East Tensions

Stocks in the United Arab Emirates concluded the trading week in the green, buoyed by increasing hopes that the conflict between the US and Iran would be resolved soon.At the close of Friday trading, the FTSE ADX General Index gained 0.028%, while the DFM General Index was up 0.977%.Oil prices fell after US President Donald Trump said that a deal with Iran would be agreed "soon" and that the two-week ceasefire between the countries could be extended. Trump also mentioned in a social media post that he will invite Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun to the White House following their agreement on a 10-day ceasefire."Despite encouraging headlines around the US and Iran discussing a longer truce and a ceasefire between Israel and Lebanon, there still isn't enough clarity to justify a sustained move below the $90‑95/bbl range in Brent or above 1.1850 in EUR/USD for now. A media report also suggested that European and Gulf officials expect any US‑Iran deal to take around six months, despite US President Donald Trump claiming it could happen 'soon,'" ING said.As of 3:53 pm UAE time, the Brent crude oil futures stood at nearly $95.909 per barrel, down 3.49% from the previous day.Back at home, the UAE's Ministry of Foreign Affairs noted the ceasefire deal between Israel and Lebanon, saying that the move will mark a "positive step" towards regional stability.On the corporate front, ADNH Catering (ADX:ADNHC) reported a lower attributable profit of 30.4 million Emirati dirhams for the first quarter, with the company citing the short-term impact of geopolitical tensions in the region. Shares of the hospitality group closed the session flat.In Dubai, Gulf Navigation (DFM:GULFNAV) issued a statement clarifying that it was not aware of any undisclosed information that led to a surge in its share price from Wednesday to Thursday. The maritime and shipping company's stocks were 4.62% in the green at closing.

^DFMGI^FADGIADX:ADNHCDFM:GULFNAV
Asia Markets

Abu Dhabi, Dubai Stocks Extend Winning Streak; Aldar Properties Blinks Green

Emirati equities extended their gains to a third day as the FTSE ADX General Index gained 0.261%, and the DFM General Index added 1.077% at the close of Thursday trading.US President Donald Trump said in a social post that Israel and Lebanon will speak on Thursday. Trump also mentioned that China is "very happy" with his permanent opening of the Hormuz waterway and agreed not to send its weapons to Iran.Oil prices remained steady amid the US blockade of Iranian ports, with the US Central Command stating that no vessels were able to pass their forces, while nine vessels were ordered to turn back to Iran in the first 48 hours of the blockade."For now, our base case is that energy flows will start to make a gradual recovery through the second quarter. However, flows will remain below pre-war levels until at least year-end. This would see Brent averaging $96/bbl over 2Q26 and $89/bbl over the full year 2026. A more extreme scenario would be where Persian Gulf flows remain mostly cut off, while escalation sees extensive infrastructure damage, and risks to Red Sea oil flows also grow, which could see Brent trading over $150/bbl," ING said.Zooming in at home, the Central Bank of the United Arab Emirates issued a revised guidance on anti-money laundering and combating the financing of terrorism and proliferation financing to boost the efficiency of the financial sector.Back home, Aldar Properties (ADX:ALDAR) added 0.12% as it closed a 5 billion-Emirati-dirham sustainability-linked revolving syndicated credit facility to bolster its liquidity position and financial flexibility.Dubai-listed Emirates NBD (DFM:EMIRATESNBD) partnered with Dubai Holding Real Estate to offer integrated mortgage financing services to enhance off-plan home purchases in Dubai. Shares of the lender closed the session 1.50% in the red.

^DFMGI^FADGIADX:ALDARDFM:EMIRATESNBD
Equities

Adnoc's XRG Remains Optimistic on Future Investments in Europe

Abu Dhabi National Oil Co., or Adnoc, unit XRG is maintaining a positive outlook on Europe's economic long-term prospects as other investors remain critical of the region's future.Bloomberg News on Wednesday cited the Emirati energy investment company's president of global chemicals, Rainer Seele, as saying that XRG remains open to new deals and is "not ruling out additional investments in Europe."

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Asia Markets

UAE Stocks in Green as Oil Prices Rise Amid US Blockade of Iranian Ports

Stock trading in the United Arab Emirates ended Wednesday in the green as oil prices jumped amid the US blockade of all maritime traffic entering and exiting ports in Iran.At the close of trading, the FTSE ADX General Index rose 0.532%, while the DFM General Index gained 2.567%."Media reports suggest Iran may refrain from testing the blockade to smooth the path towards renewed talks. Last night, President Trump said talks to end the war could resume within two days; Iranian officials said discussions could continue this week, although a senior Iranian official noted no date has been set yet," Danske Bank said. "It would be a surprise if the talks lead to a permanent ceasefire, with the most likely scenario being an extension of the current ceasefire, if the US and Iranian officials meet again over the weekend or early next week."As of 3:21 pm UAE time, the Brent crude oil futures stood at nearly $96.102 per barrel, up 1.38% from the previous day.Back home, the comprehensive economic partnership agreement between the UAE and Azerbaijan became effective on Wednesday. The deal aims to boost bilateral trade and collaboration across logistics, renewable energy, and advanced manufacturing, as well as expand opportunities for exporters through the reduction or elimination of tariffs.Over to corporates, Aldar Properties (ADX:ALDAR) partnered with Abu Dhabi Department of Education and Knowledge to support small and medium-sized enterprises involved in the delivery of extracurricular activities in Abu Dhabi. The real estate developer closed the session 0.60% higher.Over in Dubai, Aramex (DFM:ARMX) stocks ended 1.75%in the green. The logistics company's board appointed Shadi Malak as its chairman and Benjamin Démogé as vice chairman.

^DFMGI^FADGIADX:ALDARDFM:ARMX
Equities

Market Chatter: Shell Said to Pick Adnoc as Preferred Bidder for South African Retail Fuel Stations

Shell (SHEL.L, SHELL.AS) is tipped to have named Abu Dhabi National Oil Co., or Adnoc, as the preferred bidder for its South African retail fuel stations in a deal potentially worth $1 billion, Bloomberg News wrote.People with knowledge of the matter said, according to the Tuesday report, that the deal, which is expected to be reached as early as this quarter, follows failed talks between energy giant Shell and commodities trading group Gunvor Group.Shell and Adnoc did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia Markets

Emirati Equities Rebound as Hopes of New US-Iran Peace Talks Lift Sentiment

Shares in the United Arab Emirates were back in the green as prospects of peace talks resumption between the US and Iran lifted investor sentiment.At the close of Tuesday trading, the FTSE ADX General Index was up 0.556%, while the DFM General Index added 0.904%.Multiple media outlets reported that the US and Iran could return to Pakistan this week to hold a fresh round of talks after achieving no breakthrough in their previous negotiations. US President Donald Trump also said that Iran reached out to resume negotiations amid the US blockade of its ports."The fact that the two sides seem to be discussing the timeline, and apparently back-channel diplomacy has continued, we think a deal is possible but it will most likely require several rounds of talks, and meanwhile, the war could escalate," Danske Bank said in a note.Zooming in at home, the Central Bank of the UAE agreed to collaborate with Bangko Sentral ng Pilipinas to streamline cross-border payments, bolster bilateral trade, and establish infrastructure for finance and digital assets.On the corporate side, Aldar Properties (ADX:ALDAR) was the Abu Dhabi bourse's most traded stock by value and ended 3.70% in the green. The real estate developer launched the first phase of the Yas Park Place residential community in Yas Island.Elsewhere, Parkin Co. (DFM:PARKIN) partnered with Binghatti Holding to integrate its advanced parking capabilities into a portfolio of 1,200 parking spaces across Binghatti developments in the Jumeriah Village Circle, Al Jaddaf, and Business Bay areas. The parking spaces operator's stocks closed the session 3.00% higher.

^DFMGI^FADGIADX:ALDARDFM:PARKIN
Asia Markets

UAE Shares Begin New Week Downbeat; Oil Prices Rise as US-Iran Talks Falter

Emirati stocks ended Monday's trading session in the red as failed negotiations between the US and Iran kept investors in a risk-off mode.At the close of trading, the FTSE ADX General Index fell 0.536%, while the DFM General Index lost 0.826%.Oil prices rose after the US and Iran failed to reach an agreement in Pakistan over the weekend. US President Donald Trump said in a social media post that the US Navy will commence the blockade of all tankers entering and exiting the Strait of Hormuz immediately."Oil markets rallied sharply on Monday after US-Iran talks collapsed over the weekend. ICE Brent jumped more than 9% in early trade, while NYMEX WTI pushed above $105/bbl. In response, the US military plans to implement a blockade of all maritime traffic entering and exiting Iranian ports from 10:00am Monday Washington time, while allowing vessels not calling at Iranian ports to continue transiting Hormuz. Despite this, two fuel tankers attempted to exit the Gulf via routes close to Iran's coastline, marking the first such movements since the blockade was announced," ING said.Back home, the Dubai Department of Economy and Tourism partnered with HSBC's unit HSBC Bank Middle East to offer tailored facilitation, licensing advice, and ecosystem navigation to the latter's institutional and private wealth clients looking to expand or establish financing and treasury operations in Dubai.Over to corporates, RAK Properties (ADX:RAKPROP) confirmed continuity of core operations and services amid uncertainty surrounding the situation in the Middle East. Shares of the property developer closed the session 1.41% lower.Meanwhile, in Dubai, Emirates Central Cooling Systems (DFM:EMPOWER), d/b/a Empower, launched a new customer center at its headquarters based in Al Jadaf, Dubai. The cooling services company's shares were flat at the close of trading.

^DFMGI^FADGIADX:RAKPROPDFM:EMPOWER
International

KOF Global Barometers Diverge in April

The KOF Swiss Economic Institute's global economic barometers diverged in April but remained slightly above the 100-point level, indicating continued "moderate" economic growth across the world, despite the uncertainties created by the US/Israel-Iran war.The coincident global barometer declined 0.2 point to 102.1 points, while the leading barometer rose 1.7 points to 102.9 points, according to a Friday release.The decrease in the coincident barometer was mainly due to negative contributions from Europe and the Asia, Pacific & Africa region. On the other hand, the increase in the leading barometer was largely attributed to positive contributions from the Western Hemisphere and the Asia, Pacific & Africa region.

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Asia Markets

Emirati Stocks Close Higher Ahead of US-Iran Talks in Pakistan

Markets in the United Arab Emirates closed the last day of the trading week on a positive note, with investor sentiment buoyed by upcoming negotiations between the US and Iran in Pakistan over the weekend.At the close of trading, the FTSE ADX General Index was little changed at 0.021% in the green, while the DFM General Index added 0.382%."Peace talks between the US and Iran, mediated by the Pakistani prime minister, are scheduled to begin on Saturday, but tensions remain high due to disagreements over the agenda," Danske Bank said in a note. "Iran insists on its ten-point plan, which White House Press Secretary Karoline Leavitt claims President Trump 'literally threw in the garbage.' Further complicating the situation are disputes over whether the ceasefire terms should extend to Lebanon, after Israel's deadly attacks there on Wednesday."Still, oil prices climbed amid concerns over the fragile ceasefire deal, with Brent crude futures up 0.05% to $97.916 per barrel at 3:40 pm UAE time on Friday.Back at home, the UAE's Ministry of Defence confirmed in a Thursday statement that the country's airspace remained free of any air threats, with no ballistic and cruise missile attacks from Iran.Amid a quiet day on the corporate side, Emirates Insurance Co. (ADX:EIC) shares ended the session 2.63% lower after the insurer resumed trading on Friday. The resumption follows submission of the insurance company's annual general meeting results to the Abu Dhabi bourse, which included shareholder approval for a cash dividend of 0.6 Emirati dirham per share for 2025.Stocks of Dubai Islamic Insurance & Reinsurance (DFM:AMAN), d/b/a Aman, closed the session 0.58% in the red. The insurance company published an invitation for its annual general meeting on April 30, 2026, where it will seek approval for the nondistribution of dividends for 2025.

^DFMGI^FADGIADX:EICDFM:AMAN
Asia Markets

UAE Equities Close Lower Ahead of Key US Economic Data

​Trading in the United Arab Emirates ended in the red as markets await the release of a key US economic report later in the day.At the close of Thursday trading, the FTSE ADX General Index was down 0.330%, while the DFM General Index shed 1.45%.​The US Bureau of Economic Analysis will release personal consumption expenditures price index data, which is the Federal Reserve's preferred measure of inflation, for February on Thursday."After rising 0.3% in January and 2.8% on an annual basis, the PCE is expected to increase 0.4% in February and 2.8% year-over-year, potentially matching the annual increase at the start of the year," Stifel said in a note. "Excluding food and energy costs, the core PCE is also expected to increase 0.4% in February and 3.0% on an annual basis, potentially marking the smallest annual rise since December."On the geopolitical front, oil prices rose again amid worries of a fragile ceasefire deal between the US and Iran. Israel launched fresh strikes on Lebanon, with Iran stating that the attacks halted the passage of oil tankers through the Strait of Hormuz.Also dampening sentiment was US President Donald Trump's threats to impose an immediate 50% tariffs on countries supplying weapons to Iran, Reuters reported.Back home and on the corporate front, stocks of Two Point Zero Group (ADX:2POINTZERO) closed the session 2.89% in the red. The investment company's subsidiary, E Point Zero Holding, created a joint venture with Adani Green Energy to develop renewable energy projects in India.Dubai-listed Emirates Integrated Telecommunications (DFM:DU), d/b/a du, secured a new 2 billion-Emirati-dirham facility for general corporate purposes with local and international lenders. Shares of the telecommunications company closed the session 1.54% lower.

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