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UAE markets decline after warning on regional air travel
UAE stock markets closed slightly lower on Friday, reversing early gains after an adviser to Iran’s leader warned of potential disruptions to regional air travel and airport services. Iranian adviser Mokhber said if Iran cannot have flights and receive airport services, then no one in the region can either, Nournews reported on Friday. Meanwhile, flights to and from Iran have been suspended at all four Iraqi airports — Baghdad, Najaf, Erbil and Sulaimaniya — that had been handling the routes, according to sources and state media. Abu Dhabi’s benchmark index fell 0.1%, dragged down by 4.8% decl...
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