UAE bourses hit highest levels in three months amid US-Iran peace deal optimism (opens original article in a new tab)

UAE stock markets reached three-month highs as optimism over a US-Iran peace deal reduced regional tensions, boosting investor confidence and economic sectors like real estate and banking. Moody's affirmed the UAE's high credit rating, though market recovery depends on upcoming peace deal signings and US interest rate signals.

• UAE stock markets hit three-month highs on optimism from US-Iran peace deal
• Abu Dhabi and Dubai indices rose 0.3% and 1% respectively on Wednesday
• Moody's maintains UAE's high credit rating despite regional tensions
• Real estate and banking sectors show strong performance amid geopolitical improvements
• Two key factors could determine sustainability of market recovery