UAE exchanges to reopen Wednesday after two-day suspension due to Iran conflict

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The United Arab Emirates’ (UAE) stock markets will resume trading on Wednesday after a two-day suspension, Reuters has quoted the country’s capital markets regulator as saying.

]The UAE Capital Markets Authority (CMA) said the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) would both open for trading on Wednesday. “The resumption follows continued coordination between the Authority and the exchanges in line with the previously communicated timeframe,” CMA said in a statement, adding it would continue to monitor developments and take measures to protect investors.

In a separate statement, the Dubai Financial Services Authority said that Nasdaq Dubai would also resume trading on Wednesday.

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