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UAE Stocks Surge on Rising Oil Prices, Fed Cut Hopes

11/29/2025

38 7 Full Breakdown

Summary

Story summary

UAE equities rose on Nov 28 as oil prices climbed and expectations of a U.S. Federal Reserve rate cut next month boosted sentiment.
Dubai's benchmark index rose 0.4% to 5,837, supported by gains in real estate and utilities, with Emaar Properties and Dubai Electricity and Water Authority advancing.
Abu Dhabi's index rose 0.4% to 9,747, ending a five-session decline, as Abu Dhabi Commercial Bank surged 4.8%.

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Story summary

UAE equities rose on Nov 28 as oil prices climbed and expectations of a U.S. Federal Reserve rate cut next month boosted sentiment.
Dubai's benchmark index rose 0.4% to 5,837, supported by gains in real estate and utilities, with Emaar Properties and Dubai Electricity and Water Authority advancing.
Abu Dhabi's index rose 0.4% to 9,747, ending a five-session decline, as Abu Dhabi Commercial Bank surged 4.8%.