Dubai hits highest mark in nearly 11 years on strong corporate earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
0mins
Source: Reuters
Dubai Index Performance: The Dubai index reached its highest level in over a decade, rising 0.8% to 5,362 points, driven by strong corporate earnings from companies like Salik and Air Arabia, while Abu Dhabi's index experienced a slight decline.
Market Trends and Oil Prices: The upward momentum in Dubai's stock market is attributed to robust economic fundamentals and strong earnings, while oil prices increased, potentially alleviating concerns over a trade war due to delayed tariff implementations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
