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Asia Markets

Emirati Equities Gain Ahead of US Fed's Monetary Policy Decision

Markets in the United Arab Emirates closed in the green on Wednesday as investors brace for the US Federal Reserve's highly anticipated monetary policy meeting later in the day.​At the close of trading, the FTSE ADX General Index was little changed at 0.048% in the green, while the DFM General Index gained 0.122%.The US Fed is expected to leave rates unchanged in the 3.50% to 3.75% range for the fifth consecutive meeting amid cooling but still-elevated inflation and looming uncertainty from the Middle East conflict. However, traders are also pricing in the possibility of a rate hike."Global markets will be bracing for the Fed meeting as we're bound to have a surprise, but the direction remains up for debate. Markets seem to settle at around a 30% probability of a hike, which means both a hold and a hike should push rates around," ING analysts said. "The narrative around the decision matters too, especially the stance of Fed Chair Kevin Warsh if the option to hike rates is chosen. He might not endorse the move but simply deliver it."On the geopolitical front, the US and Saudi Arabia carried out joint strikes on Iran-backed groups in Eastern Iraq in response to drone attacks on Saudi energy infrastructure. The escalating tensions in the Middle East faded hopes of a swift resolution and drove oil prices higher, with Brent crude oil futures up 4.88% as of 3:45 pm UAE time.Back home and on the corporate front, investors assessed first-half earnings reports from companies, including Americana Restaurants International (ADX:AMR) and Aldar Properties (ADX:ALDAR).Americana Restaurants International was the Abu Dhabi bourse's most traded stock by volume and closed 4.88% higher after it recorded a 59.2% year-over-year growth in attributable net profit. Aldar Properties also achieved a higher attributable profit for the period, backed by an 8% growth in revenue, but closed the session 2.35% in the red.Meanwhile in Dubai, Commercial Bank of Dubai (DFM:CBD) launched its new CBD Invest digital wealth offering to provide its elite and private banking customers with a detailed view of their financial position and enable them to manage their investment portfolios and make informed decisions. Shares of the Emirati lender gained 2.13% at closing.

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Asia Markets

Emirati Shares Rebound Amid US-Iran De-escalation Hopes

Stocks in the United Arab Emirates rallied on Tuesday, buoyed by prospects of a de-escalation between the US and Iran.At the close of trading, the FTSE ADX General Index gained 0.347%, while the DFM General Index was 0.278% in the green.The US Central Command completed its 10th consecutive night of strikes on Iran, with US President Donald Trump stating in a social media post that the Middle Eastern country will pay "many times over" for the death of American soldiers. However, investors breathed a sigh of relief on news of a 10-day ceasefire proposed by mediators to resume negotiations between the two countries.Oil prices rose and were trading at nearly $90.567 per barrel at 3:40 pm UAE time after Yemen's Houthis threatened a naval blockade against Saudi Arabia, posing further risks of disruption in energy supplies."With the Gulf's primary maritime outlet largely closed, the market is increasingly dependent on Saudi Arabia's East-West pipeline and Red Sea terminals to maintain export flows. Any disruption at Bab el-Mandeb would therefore threaten not only Saudi shipments but one of the few remaining routes capable of compensating for the severe reduction in Hormuz traffic," Rystad Energy senior vice president and head of geopolitical analysis Jorge Leon commented. "If a ceasefire does not materialize and Hormuz remains largely closed while the Houthi threat to Red Sea shipping intensifies, the risk of a significant rebound in oil prices would be substantial."Turning to the region's corporate side, Aldar Properties (ADX:ALDAR) launched its new 592-apartment residential community named The Canopies on Yas Island in Abu Dhabi. Shares of the real estate developer closed the session 0.53% higher.Meanwhile in Dubai, Emirates Central Cooling Systems (DFM:EMPOWER), d/b/a Empower, awarded a contract for the development of a new district cooling plant in the Al Sufouh 2 area in Dubai. The Dubai-listed cooling services company's shares were 0.62% in the green at the time of closing.

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Asia Markets

UAE Stocks End Week Mixed as US Inflation Rises

Markets in the United Arab Emirates closed the last trading day of the week diverged as investors dissected the latest inflation figures from the US to get insights into future interest rate policies.At the close of Friday trading, the FTSE ADX General Index was little changed at 0.04% in the green, while the DFM General Index lost 0.104%.The annual US personal consumption expenditures price index rose 4.1% in May, hitting a three-year high, with a 0.4% increase on a monthly basis. Core PCE, on the other hand, grew 0.3% monthly, similar to April and 3.4% on an annual basis. The latest inflation readings prompted markets to price in the possibility of interest rate hikes by the US Fed."The global economy will likely be tested by tighter financial conditions emanating from the US. The labor market firmed up and inflation dynamics have deteriorated in the US. While some one-offs are partly to blame, and tariffs should soon roll off, most of the FOMC seems to be losing patience aſter 5 years of high inflation. We have been clear that the economy was not asking for cuts and there is a lot of uncertainty on how the Fed will operate, but we now expect 75bp of Fed hikes this year, starting in September," BofA Global Research said.On the geopolitical front, Iran's Revolutionary Guards launched a drone strike on a cargo ship in the Strait of Hormuz near Oman, pausing a UN maritime agency's operation to escort vessels through the waterway and casting doubts over the interim peace deal signed with the US.Zooming in at home, Nasdaq Dubai listed $500 million of senior unsecured trust certificates issued by multilateral financial institution The Arab Energy Fund, with the issuance receiving orders worth more than $900 million.On the corporate side, Aldar Properties (ADX:ALDAR) was the Abu Dhabi bourse's most traded stock by value and closed 2.28% higher. The real estate developer generated more than 680 million Emirati dirhams in sales through the selling-out of townhouses at the Orchids at Yas Acres project in Abu Dhabi.Dubai Electricity and Water Authority (DFM:DEWA) and energy technology company Siemens Energy conducted a workshop to explore opportunities across digital transformation and sustainability initiatives and boost stakeholder value and decision-making through artificial intelligence. Shares of Dubai-listed electricity and water services company closed 1.07% in the red.

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Asia Markets

UAE Stocks Snap Winning Streak as US-Iran Defer Peace Talks

Emirati Equities ended a three-day winning streak on the last day of a shortened trading week, which saw the release of the US Federal Reserve interest rate decision and the signing of an interim deal between the US and Iran.At the close of Friday trading, the FTSE ADX General Index fell 0.956%, while the DFM General Index lost 1.691%.The Swiss Federal Department of Foreign Affairs said Friday that the planned peace talks between the US and Iran on the same day have been postponed, injecting fresh uncertainty into the recently signed initial peace deal.Also weighing on sentiment were Israel's airstrikes in southern Lebanon that resulted in at least 18 casualties, as reported by various media outlets. The end to hostilities on all fronts, including Lebanon, was a key demand from Iran for any peace agreement."Ongoing Israeli strikes in southern Lebanon, which have continued post-deal signing, pose perhaps the greatest near-term threat to the deal, as officials in Tehran insist that they represent a clear violation of the MoU. Hence, while the deal is not necessarily dead on arrival, there appear to be real risks to its staying power," RBC Capital Markets said in a note.Zooming in at home, Dubai Chambers discussed and explored initiatives to boost trade and investment between Dubai and Toronto during its meetings with Canadian economic and investment institutions, including Toronto Global, the Ontario Chamber of Commerce, and the Toronto Region Board of Trade.On the corporate side, Aldar Properties (ADX:ALDAR) was the Abu Dhabi bourse's most traded stock by value and closed 1.78% lower. The real estate manager and investor launched the new Orchids at Yas Acres residential community on Yas Island in Abu Dhabi.Elsewhere, Amanat Holdings (DFM:AMANAT) assumed full ownership of Cambridge Health Group after purchasing the remaining 10.03% stake it did not own in the group. Shares of the healthcare and education investment company closed the session 0.78% in the green.

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Asia Markets

UAE Shares Down as Investors Weigh US-China Talks

Stock trading in the United Arab Emirates closed lower as investors closely monitored the meeting between the US and China, hoping for signs of de-escalation in the Iran war.At the close of Thursday trading, the FTSE ADX General Index ended little changed at 0.006% in the red, while the DFM General Index lost 0.413%.Dominating headlines all over the world are the bilateral talks between US President Donald Trump and his Chinese counterpart, Xi Jinping. Reuters reported, citing a White House readout, that both leaders agreed on the opening of the Strait of Hormuz and Iran not having a nuclear weapon."The market could be pinning too much hope on the US-China talks yielding some positive results on Iran. Some hope that China could exert pressure on Iran to reach a deal with the US, to end the war and lead to a resumption of energy flows through the Strait of Hormuz," ING said.On the oil front, global supply dropped by an additional 1.8 million barrels per day in April, bringing the total losses since February to 12.8 million barrels per day, the International Energy Agency, or IEA, said in its monthly oil market report published on Wednesday."With Hormuz tanker traffic still restricted, cumulative supply losses from Gulf producers already exceed 1 billion barrels with more than 14 mb/d of oil now shut in, an unprecedented supply shock," IEA commented. "While demand may swing back to growth towards the end of the year if a deal to end the war is agreed that allows flows through the Strait of Hormuz to gradually resume from 3Q26, as is assumed in this Report, supply will likely be slower to recover. As a result, the oil market remains in deficit until the final quarter of the year."Closer to home and on the corporate front, Aldar Properties (ADX:ALDAR) acquired a residential-for-rent community comprising 312 homes in Dubai for 1.1 billion Emirati dirhams. Shares of the real estate closed the session 1.14% lower.Elsewhere, Dubai-listed investment companies Watania International Holding (DFM:WATANIA) and Ekttitab Holding (DFM:EKTTITAB) gained 0.65% and 0.23%, respectively, despite reporting higher attributable losses for the first quarter.

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Asia Markets

UAE Shares Diverge as Oil Prices Rise Amid Uncertainty Over US-Iran Conflict

Emirati shares struggled to find direction on Tuesday as continued uncertainty over the reopening of the Strait of Hormuz drove oil prices up.At the close of trading, the FTSE ADX General Index was little changed at 0.080% in the green, while the DFM General Index was down 0.218%.According to reports from various media outlets, US President Donald Trump is not satisfied with Iran's new proposal, which consisted of reopening the Hormuz waterway and postponing negotiations over its nuclear program to a later stage."We doubt that the US will go for this, since the US's economic blockade of the Iran remains its key 'pressure tactic' in making Iran concede to the US's fundamental demands pertaining to Iran's power. Yet that it is Iran that is making the proposal suggests that the pressure from the US's economic blockade is being felt, and that the US may not need to invoke its military power again," Macquarie said in a note. " To the US administration, the economic blockade of Iran is intended to have that very effect, i.e., of causing revenue losses that lead to monetary inflation and, ultimately, instability within the regime, and leading to concessions from Iran on the fundamental issues that the US has raised."As of 3:51 pm UAE time, the Brent crude oil futures stood at nearly $112.374 per barrel, up 3.81% from the previous day.Back home, the local economic calendar will see the release of the interest rate decision from the Central Bank of the United Arab Emirates later in the week, following the US Federal Reserve's verdict on its federal funds rate on Wednesday.In corporate news, Aldar Properties (ADX:ALDAR) released its first-quarter earnings report. The real estate developer reported a 12% annual growth in its revenue but closed the trading session 0.37% in the red.Elsewhere, shares of Dubai Investments (DFM:DIC) lost 0.97%. The Dubai-listed investment company declared plans to sell a 24% stake in its unit, Dubai Investments Park, through an initial public offering and distribute improved dividends in 2026, subject to completion of the offering.

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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.

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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.

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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.

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