Uae Stock Market Decline Linked To Us-Iran Negotiation Stalemate

On February 27, 2026, stock markets in the United Arab Emirates (UAE) experienced a significant decline, with Dubai's main market plunging 1.8% and Abu Dhabi's benchmark index dropping 1.3%. This downturn was largely attributed to the lack of progress in U.S.-Iran nuclear negotiations, which ended without breakthroughs, raising concerns over potential U.S. military action against Iran. Omani Foreign Minister Sayyid Badr Albusaidi noted that the two sides would resume talks next week in Vienna, stating, "We plan to continue discussions to seek a resolution." The uncertainty surrounding these negotiations has led to a cautious investor sentiment, as evidenced by the decline in major stocks such as Emaar Properties, which fell 4.1%, and Emirates NBD Bank, which dropped 5.2%. Meanwhile, oil prices surged, with Brent crude rising 1.96% to $72.14 per barrel, reflecting the geopolitical tensions impacting Gulf economies (Business Recorder, Dawn).