War wipes $120bn from UAE markets, as economy comes under pressure

War wipes $120bn from UAE markets, as economy comes under pressure Submitted by Elis Gjevori on Sun, 03/29/2026 - 20:22 Israeli-US war on Iran hits UAE markets, aviation and property, exposing structural vulnerabilities to an economy that once project A smoke plume rises from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. (AFP) Off The United Arab Emirates (UAE) is facing its most serious economic shock in decades, as the Israeli -US war on Iran delivers a direct hit to its core indust