The country's stock exchanges rallied to the highest in two weeks after Gulf states pledged aid worth Dh20 billion to Oman and Bahrain over the next decade to help alleviate tensions.
The Dubai Financial Market General Index rose 4.3 per cent to 1512.59 points, the highest since Feb 21, as protests in Saudi Arabia failed to escalate over the weekend.
Traded value on the Dubai bourse reached Dh326.6 million, compared with the 50-day average of Dh136.3 million.
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