: The DFM General Index retreated 0.6 per cent to 3,604.16 at 11:26 a.m. local time, according to Business Week. Emaar Properties, the real estate developer with the biggest weighting on the gauge, led the descent with a 1.6 per cent drop. Abu Dhabi equities advanced. Abu Dhabi ADX General Index climbed 0.6 per cent, bolstered by First Gulf Bank 1.8 per cent increase. It a disappointment and there worry that policy makers, including the US Fed, have limited power going forward to stabilize the markets. The issue of delaying the interest rate hike increases concerns about sustainable US economic growth, said Tariq Qaqish, who overseas $150 million as the head of asset management at Dubai-based Al Mal Capital.
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