UAE Markets Plunge After Drone Strikes Disrupt Banking Services
2 sources·2 updates
UAE's digital services faced significant disruptions following drone strikes on Amazon's data centers, leading to a sell-off in the stock market after a two-day closure.
Key Points
Amazon UAE data centers were targeted in drone strikes on March 3, 2026.
UAE stock markets reopened on March 4, 2026, experiencing a sharp decline.
The market sell-off was triggered by fears stemming from the Iranian missile strikes.
Timeline
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