Dubai’s stock index climbed 0.8% to 5,362 points, reaching its highest level since May 2014, driven by strong earnings from salik (+3.4%) and Air Arabia (+4.4%).

Air Arabia reported a 56% jump in Q4 profit, while salik exceeded earnings expectations, fueling investor confidence. analysts predict continued market growth amid strong corporate performance.

Meanwhile, Abu Dhabi’s stock index slipped 0.3%, weighed down by losses in adnoc drilling (-1.4%) and Alpha Dhabi (-1.5%).

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Source: Reuters