Forget slow summer trading. UAE markets just clocked their boldest week yet, with DFM smashing through 6000 and ADX riding a fresh wave of bank-led momentum. This wasn’t drift. This was direction. Emaar broke higher. Emirates NBD caught fire. Gulf Navigation raised half a billion. DP World inked a 30-year port deal. And through it all, investors kept showing up with one message: the story’s not done yet.

Key Highlights
DFMGI surged 4.08% to 6093.75, led by a 6% rally in Emaar and a 10.2% surge in Emirates NBD, both posting their best weekly gains in over a month.
FADGI climbed 1.96% to 10,261.69 as Aldar, Multiply, FAB, ADCB, and ADIB all saw meaningful inflows.
ADCB posted AED 2.57B in Q2 net income, up 10.8% year-on-year, exceeding analyst expectations and lifting confidence across the sector.
Gulf Navigation raised AED 500M in convertible bonds to fund its acquisition of Brooge Energy’s storage assets, while DP World signed a long-term deal to develop Syria’s Tartus Port.
Bitcoin broke above $120K, Nvidia hit a $4 trillion market cap, and Iran agreed to resume nuclear talks with Europe — but regional investors stayed focused on earnings and execution.

Dubai Financial Market (DFM)
DFMGI jumped 4.08% to close at 6093.75, breaking through the 6000 mark for the first time in 17 years, and cementing its place as one of the best-performing GCC indices this month. Emaar surged 6% to AED 15.05, lifted by strong institutional flows and renewed conviction in Dubai’s residential market, which crossed AED 117B in transaction value during H1 2025. Emaar Development followed with a 5.3% gain to AED 14.8, buoyed by momentum in off-plan launches and investor optimism around land supply. Emirates NBD delivered the standout move of the week, climbing 10.2% to AED 26.8 after securing syndicated financing to support Dubai Metro’s Blue Line expansion, a project tied to long-term urban growth. DIB rose 5.2% to AED 9.72, mirroring strength across the broader banking sector. DEWA closed at AED 2.81 on defensive positioning, while Salik edged up to AED 6.10 with consistent retail interest. Talabat declined 2.9% to AED 1.33, underperforming amid weaker flows.

Abu Dhabi Securities Exchange (ADX)
FADGI rose 1.96% to 10,261.69, its best weekly performance in over a month, driven by strength across real estate and banking. ADCB surged 8.3% to AED 15.36 after delivering strong Q2 earnings and guiding positively on interest income. FAB climbed 7.2% to AED 17.84 on renewed regional banking interest, while ADIB rose 4.7% to AED 23.28, bolstered by Sharjah’s surge in Indian capital inflows. Multiply jumped 8.2% to AED 2.65, posting its best weekly gain since Q1 as investors rotated into mid-cap tech-industrial plays. Aldar gained 3.4% to AED 9.74, supported by its logistics asset acquisition unveiled last week. ADNOC Gas eased 2.4% to AED 3.30 despite a USD 400 million LNG deal, as traders locked in recent gains. With consistent foreign inflows and solid deal flow, ADX ended the week near its highest levels of the year.

Global Market Highlights
Global markets experienced a mix of macro themes. President Trump expanded tariffs to Mexico and the EU, but Iran signaled a willingness to resume nuclear dialogue. On the markets front, Bitcoin soared past USD 120,000, and Nvidia became the first-ever USD 4 trillion company. China reported above-consensus 5.2% Q2 GDP growth, while U.S. retail sales remained firm. Oil prices dipped as OPEC+ confirmed a surprise production increase, easing supply pressure.