Dubai stocks hit 8-year high, real estate sales hit $8.3b

Dubai stocks hit 8-year high, real estate sales hit $8.3b

ALBAWABA – The main United Arab Emirates (UAE) Dubai stock index soared to the highest level since August 2015, marking an eight-year high on gains driven strongly by real estate stocks.

The Dubai Financial Market General Index closed on a 2.3 percent rise on Monday, extending a year to date of growth, according to Arabian Business.