flying high
Dubai’s stock market surges to highest in close to a decade
The rally in the Dubai Financial Market comes amid expectations that the U.S. Federal Reserve will cut interest rates this week
A man watches stock movements at the Dubai Financial Market stock exchange. (Photo: Getty Images)
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Dubai’s benchmark stock index soared today to its highest in nearly 10 years amid expectations that the U.S. Federal Reserve will cut interest rates this week.
The Dubai Financial Market’s General Index jumped 3.7% in morning trading to reach 5,010, led...