❗️UAE stocks fall as regional tensions weigh on investor sentiment Stock markets in the United Arab Emirates fell on Friday as regional geopolitical uncertainty dampened investor confidence and prompted traders to remain cautious. Abu Dhabi’s benchmark index dropped 1.3% to an 18-month low, dragged down by a 1.7% decline in real estate developer Aldar Properties. International Holding Company (IHC), the UAE’s largest listed conglomerate, plunged 2.8% to its lowest level in more than four years after reporting a 28% decline in third-quarter net profit. Dubai’s main index slipped 0.3%, ending a four-session winning streak amid losses in financial and industrial stocks. Emirates NBD, the emirate’s largest lender, fell 1.3%, while toll operator Salik declined 1.1%. Emaar Development bucked the trend, gaining 1.2% after its parent company, Emaar Properties, announced plans to make a voluntary cash offer to acquire up to 100% of its shares. Emaar Properties’ stock, meanwhile, closed 0.2% lower. Meanwhile, Brent crude rose 0.5% to $98.73 per barrel by 11:55 GMT. On a weekly basis, Abu Dhabi’s index lost 0.8%, while Dubai’s benchmark climbed 4.4%, marking its strongest weekly performance in more than six months, according to LSEG data.