Investor sentiment weakened as U.S. credit concerns rattled financial markets.
Stock markets in the United Arab Emirates closed lower following a global downturn driven by renewed concerns over U.S. credit conditions.
Analysts say the decline mirrored broader investor unease across major exchanges as fears of higher borrowing costs and tightening liquidity weighed on sentiment.
Financial experts expect regional markets to remain cautious in the coming sessions as investors assess global monetary risks.