UAE Markets Up on Fed Rate Cut Bets

Stock markets in the UAE rose on Friday, driven by investor optimism about a potential interest-rate cut by the Federal Reserve in the United States. Gains were led by real-estate and banking shares, with the main Dubai index rising 0.9% and Abu Dhabi’s index up 0.4%. A combination of rising global equity markets and positive sentiment ahead of U.S. monetary policy easing helped lift trading across the Emirates. 

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