Credit Card and Financial News

An up-to-date look at the Financial World

06 Dec

UAE stock markets recover, Dubai remains volatile (AFP)

Posted in business on 06.12.09

An Emirati man follows the stock market board in Abu Dhabi. The stock markets of Abu Dhabi and Dubai bounced back Sunday after heavy losses last week over Dubai's debt woes, opening up 3.9 percent and 0.5 percent respectively and then surging even higher.(AFP/Ibrahim Adawi)AFP – Abu Dhabi and Dubai stock markets opened stronger Sunday after heavy losses last week over Dubai’s debt woes, but the Dubai bourse remained volatile and had slipped back into the red by mid-morning.



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