Economy Local January 22, 2025

Rise of UAE Stocks in Dubai Market

UAE stocks closed the mid-week session with a rise, achieving new gains for a number of leading shares such as the 'Emaar' share in the Dubai market.


Rise of UAE Stocks in Dubai Market

Shares on the GCC stock market have risen in the middle of the week with an increase. The largest gains were shown by leading stocks, particularly the shares of the company 'Emaar' on the Dubai stock exchange.

Among the major deals, it is necessary to highlight the increase in the prices of the shares of emerging companies, including 'Emaar', which contributed to the overall growth of the market. In addition, experts note the positive sentiment of investors and the general optimism in the GCC stock market.

According to analysts, the stable growth of stocks indicates investors' confidence in the prospects for the development of individual companies and the economy of the country as a whole.

"This increase is part of the overall trend in the stock market of the region, which, despite some volatility, demonstrates steady development," added the expert.