Gulf stocks rise, though geopolitical caution lingers
Airfind news item
Published on April 28, 2026.
Major Gulf stock markets traded higher on Tuesday amid corporate earnings announcements, but investors remained wary of ongoing geopolitical tensions. U.S. President Donald Trump is reportedly dissatisfied with Iran's latest proposal to resolve the two-month conflict, which has disrupted energy supply and caused inflation. Meanwhile, Dubai Investments is considering an initial public offering of 24% of its subsidiary, and is also considering potential listings for subsidiaries.
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