UAE Capital Markets Authority orders stock market closures as missile attacks threaten Gulf financial stability – Blockonomi

TLDR: UAE regulators closed both stock exchanges for two days to prevent panic selling following missile and drone attacks. The Abu Dhabi Securities Exchange has about $700 billion in market capitalization, putting billions at risk of being lost. Polymarket estimates the probability of a closure of the Strait of Hormuz at 48.5%, posing a threat […]