Stars are aligned for a solid 2014 for UAE markets | The National

Stars are aligned for a solid 2014 for UAE markets | The National:

"The major news event for the UAE markets last month was Dubai winning the right to hold the World Expo 2020.

Topic Abu Dhabi Securities Exchange Dubai Financial Market Abu Dhabi 2030 Economic Vision
Many investors had anticipated a win and were proven right, and the market reacted well to the news. On the geopolitical front, the Middle East made headlines as the P5+1 group entered into a temporary six-month agreement with Iran, that if followed through with a wider long-term agreement, could lead to a fundamental change in the dynamics of the region.

The global environment also supported UAE markets as China unveiled a new focus on market-driven reforms and US equity markets hit record highs. UAE markets last month delivered slightly positive returns; Abu Dhabi’s benchmark index rose 0.1 per cent, and Dubai’s edged up 0.8 per cent."

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