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Dubai leads Gulf gains as investors assess US midterm fallout and Iran standoff

Most Gulf equity markets ended higher on Thursday as investors bet that Republican losses in this week’s US congressional elections could reduce the risk of a wider conflict with Iran, boosting risk appetite across the region. US President Donald Trump’s push for regime change in Iran backfired politically, with voters angered by the war and high fuel prices, delivering Congress to the Democrats…

First reported by Business Recorder Latest report 1 source
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    Dubai leads Gulf gains as investors assess US midterm fallout and Iran standoff (opens Business Recorder in a new tab)

    Most Gulf markets closed higher on Wednesday, with Dubai leading regional gains as investors assessed the US midterm fallout and looked to Washington’s next move in the Iran war. US President Donald Trump conceded that the Iran war contributed to his party’s…

  2. Business Recorder

    Most Gulf equities gain on easing Iran fears after US midterms, earnings (opens Business Recorder in a new tab)

    Most Gulf equity markets ended higher on Thursday as investors bet that Republican losses in this week’s US congressional elections could reduce the risk of a wider conflict with Iran, boosting risk appetite across the region. US President Donald Trump’s push…

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