The Dubai financial market index rose by 0.39% on Monday, reaching a mark of 5382.85 points, which is the highest level since August 4, 2008.
This growth was driven by the strengthening of several key sectors of the economy, such as finance and real estate. The steady development of these sectors contributed to an increase in investor sentiment and enhanced trust in the market.
Market representatives expressed optimism regarding future market development, noting that the stable growth of the index indicates the well-being of the fund market in the region. They also pointed out the negative impact of the pandemic on the economy; however, they emphasized that support and stimulus measures helped mitigate its aftermath and facilitated a swift recovery.
