UAE's stock market reaches $1 trillion, boosted by royal family firms and recent IPOs.

The United Arab Emirates (UAE) stock market has surpassed $1 trillion in value, marking a significant economic milestone. This growth, driven by companies linked to Abu Dhabi's royal family and recent Initial Public Offerings (IPOs), positions the UAE market as the sixth-largest globally. The milestone reflects the country's efforts to diversify its economy beyond oil and strengthen its financial sector.

November 17, 2024
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