On March 1, 2026, the situation in the Middle East escalated dramatically as Gulf equities plummeted following U.S. and Israeli strikes on Iran, prompting Kuwait and the UAE to suspend trading on their stock exchanges due to security concerns. The UAE’s Securities and Commodities Authority announced the suspension of trading on the Abu Dhabi Securities Exchange and the Dubai Financial Market on Monday and Tuesday, following Iranian attacks on Abu Dhabi and Dubai that resulted in significant damage and casualties. The Saudi benchmark Tadawul All Share Index dropped 2.67% in early trading, marking its steepest decline since April, while Egypt's main index fell 2.5%, extending losses to over 8% since mid-February. Analysts predict that Gulf markets will remain volatile, with limited declines expected in the initial sessions as investors gravitate toward defensive stocks (Nukta Pakistan, Profit Pakistan).
BUSINESS
Gulf Stock Markets Crash As Kuwait Suspends Trading Amid Iran Conflict
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On March 1, 2026, Gulf markets plunged after U.S. and Israeli strikes on Iran, leading to trading suspensions in Kuwait and UAE, while oil prices surged amid fears of prolonged instability.
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16 outlets · 24 articles
PPprofit.pakistantoday.com.pk
MEEmiddleeasteye.net
DAdawn.com
TFPthefrontierpost.com
BRbrecorder.com
TGtheguardian.com
GNglobalnews.ca
MAmarketscreener.com
YT
