#Dubai and #AbuDhabi indexes log sixth straight week of gains | Reuters

Dubai and Abu Dhabi indexes log sixth straight week of gains | Reuters

Dubai's main share index (.DFMGI), opens new tab and Abu Dhabi's benchmark index (.FTFADG), opens new tab logged its sixth straight weekly gain, each closing the week 0.12% higher.

On Friday, Dubai's main share index closed up 0.21% while Abu Dhabi's benchmark was flat.

Dubai's benchmark index surged to a record high last Friday and continued its upward momentum earlier this week, fuelled by a wave of business agreements between the U.S. and the UAE announced during President Donald Trump's recent Gulf tour.