Dubai Financial Market Maintains Positive Momentum Led by Major Stocks

The Dubai Financial Market sustained its positive momentum in today's trading, with major stocks accounting for most of the activity amid healthy liquidity conditions. Emaar Properties led the trading activity with a value exceeding AED 61.09 million, as its share price rose by more than 1% to AED 13.550, signaling continued confidence in Dubai's real estate market. Banking sector stocks performed strongly, with Dubai Islamic Bank climbing to AED 9.160 after transactions worth AED 29.79 million, and Emirates NBD rising to AED 24.800 with trades totaling AED 9.38 million, maintaining its position as a key pillar of the UAE banking sector. The aviation sector also exhibited strength, as Air Arabia attracted AED 24.86 million in trades and its stock rose to AED 4.150, highlighting the robust passenger flows through UAE airports and investor confidence in travel and tourism as growth drivers for Dubai's economy. Meanwhile, the insurance sector saw positive momentum, with Salama and Watania gaining more than 3-4%, reflecting improved underwriting conditions and growth expectations for premiums. TECOM shares also rose by over 3%, demonstrating sustained investor interest in Dubai's diverse real estate and commercial complexes.