July 8, 2024 6:29 pm
Dubai and Abu Dhabi stocks buck trend as Gulf markets decline collectively

The Gulf region saw a decline in the value of most stocks, with the exception of Dubai and Abu Dhabi markets. In the UAE, the Abu Dhabi Securities Exchange index rose by 0.31% to 9,087.83 points, while the Dubai Securities Exchange index increased by 0.15% to 4,063.25 points. Similarly, the main market index of the Saudi Stock Exchange (Tadawul) fell by 0.45% to 11,606.09 points and the general market index of the Kuwait Stock Exchange dropped by 0.08% to 6937.13 points. The Bahrain All Share Index also saw a decrease of 0.07% to 2015.74 points and the Qatar Stock Exchange index closed at 10,006 points down slightly by 0.45%.

Outside the Gulf region, advancements in technology and business strategies have been introduced in various sectors such as education and event management software, non-GMO designation for organic products, commercial roof painting services and Bitcoin wallets are among them which could change how businesses operate in future years to come

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