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UAE bourses open in red after Houthi attack

January 19, 2022 00:00:00


Jan 18 (Reuters) - Shares in the United Arab Emirates opened lower on Tuesday, extending losses from the previous session after a deadly attack on Abu Dhabi.

Yemen's Iran-aligned Houthi group attacked the UAE in what it said was an operation using missiles and drones, setting off explosions in fuel trucks that killed three people and causing a fire near the airport of Abu Dhabi, capital of the region's commercial and tourism hub.

The UAE, a member of the coalition, has armed and trained local Yemeni forces that recently joined fighting against the Houthis in Yemen's energy-producing Shabwa and Marib regions.

The Abu Dhabi index (.FTFADGI) eased 0.1%, while Dubai's main share index (.DFMGI) opened 0.4% lower.


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