UAE shares end higher as outcome of US-China trade talks awaited
Top US and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two super powers that has widened to export controls over goods and components critical to global supply chains.
Dubai's benchmark index hit its highest levels since 2008 and settled up 1 percent, with almost all sectors in positive territory.
Tolls operator Salik Company gained 2.3 percent and Deyaar Development surged 14.6 percent.
In Abu Dhabi, the index was up for a third straight session and gained 0.1 percent, lifted by a 1.6 percent rise in blue-chip developer Aldar Properties and a 1.8 percent advance in Abu Dhabi's flagship energy firm Abu Dhabi National Energy Company.
Most stock markets in the Gulf and Egypt including Saudi, Qatar, Kuwait are closed on Monday due to a public holiday.
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The company collaborates closely with regulators and financial institutions to provide secure, compliant connectivity that supports a variety of applications — from onboarding and credit scoring to payment processing and account verification. Founded in 2019, Lean Technologies set out to bridge critical infrastructure gaps that had long stifled fintech innovation across the region. Al-Falih, who returned to Saudi Arabia after several years in Silicon Valley, was struck by the lack of digital financial services in a market marked by high mobile penetration, a youthful population, and a growing venture capital ecosystem. 'There was a big gap in the market when it came to accessing consumer data and accessing cutting-edge payment capabilities,' he said. Lean's core offering enables businesses to access consumer-authorized bank data and real-time payment services within a fully regulated framework. 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