Brief by Shorts91 Newsdesk / 06:57am on 02 Mar 2026,Monday International
The UAE has ordered both its major stock exchanges the Abu Dhabi Securities Exchange and Dubai Financial Market shut for two consecutive days, Monday March 2 and Tuesday March 3, following Iran's retaliatory missile and drone strikes on the country. The UAE Capital Markets Authority cited its supervisory and regulatory responsibilities in announcing the closure, signalling the severe economic disruption sweeping across the Gulf region. The authority stated it would continue monitoring regional developments and assess the situation on an ongoing basis, reserving the right to take further measures as necessary. The closure marks one of the most significant financial disruptions in the UAE's recent history. (PC: X)