UAE stocks sell off as markets reopen from two-day closure after Iranian strikes
By Chloe Taylor
Published on March 4, 2026.
Stocks listed in Dubai and Abu Dhabi fell as markets reopened following Iranian drone and missile strikes. Dubai's benchmark index was last seen trading 4.9% lower, on track for its worst day since May 2022, while Abu Dhabi's main index was more than 3% lower. State-owned bank Emirates NBD led losses in Dubai, while Al Buhaira National Insurance Company and Umm Al Qaiwain General Investments led losses there. Both exchanges announced they would temporarily adjust their lower price limit thresholds for securities to -5%. The escalation in the Middle East conflict could have a significant impact on the region, potentially leading to significant decreases in valuations for real estate developers.
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