The GCC markets witnessed a sharp downturn on Thursday following the announcement of new US tariffs, sparking fears among investors and amplifying concerns over declining oil prices.

The Dubai stock index plunged by 1.8%, marking its biggest single-day drop of 2025, with major losses from Emaar Properties, which fell by 8.9%. In comparison, Abu Dhabi's index slipped by 0.8%, while Saudi Arabia's index dipped by 0.4%, primarily due to post-Eid trading losses in Aramco and Saudi National Bank.

 

Key Market Impacts:

• US President Donald Trump's tariffs have escalated global trade tensions
• The oil market suffered a 3% price drop, intensifying regional economic pressure
• Qatar's stock market remains closed due to Eid, delaying its reaction to global developments

The new US tariffs, part of a broader trade policy strategy, have significant implications under international trade law and could lead to complex legal disputes between nations. GCC-based lawyers and financial experts are advising investors to stay updated on the evolving legal and regulatory frameworks related to tariff laws and cross-border commerce.

Economic analysts emphasize the importance of monitoring global trends closely, as ongoing trade friction and volatile oil markets may directly impact investment strategies, business contracts, and legal risk assessments.

This latest financial turbulence underscores the need for legal clarity and strategic planning as the GCC braces for further economic uncertainty.

 

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