The combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time, driven by a surge in firms linked to an Abu Dhabi royal, which account for over a third of this total. This growth positions the UAE market, encompassing exchanges in Dubai and Abu Dhabi, ahead of Milan and Madrid, although it remains smaller than Saudi Arabia's nearly $3 trillion bourse. The UAE now ranks larger than most emerging markets, except for a few like India and China.
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