The UAE government has decided to close both the major stock exchanges of the country for two days in view of the ongoing tension and security situation in the region. According to the Capital Market Authority (CMA), there will be no trading on Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) on March 2 and 3. This step has been taken amid recent missile attacks and security concerns. Officials say that after reviewing the situation, markets can be reopened on March 4, 2026.
What will be the impact on investment and oil prices?
Market experts believe that when trading resumes, a big difference in prices may be seen. Crude oil prices are expected to jump more than 3 percent to $90 to $110 per barrel. Before the market closed on Friday, Dubai market had fallen by 1.8% and Abu Dhabi market had fallen by 1.3%. Experts have warned that prolonged stress could increase insurance expenses and shipping costs, which would have a direct impact on the market.
Important information for common citizens and migrants
The situation in the area has also affected daily life and travel. There have been delays and changes in routes in flights at Dubai International Airport (DXB), which may cause inconvenience to expatriates traveling to India and other countries. As a precaution, the government has ordered schools to conduct online studies till March 4. Apart from this, tourist places like Global Village and Jebel Jais have also been closed for some time. Residents have been advised to rely only on official information.
Feature Latest Updates Share Market (DFM & ADX) Schools and education closed till 3 March 2026 Online classes till 4 March Dubai Airport (DXB) flight delays and changes Government instructions Work from home and advice to stay safe