The Sheikh Who Dominates One of the World’s Hottest Stock Markets

The Sheikh Who Dominates One of the World’s Hottest Stock Markets https://www.bloomberg.com/news/features/2024-04-05/uae-s-sheikh-tahnoon-domi... The United Arab Emirates’ rulers will soon achieve a ­distinction they’ve long coveted. Their once sleepy stock exchanges will be home to companies valued at $1 trillion. This outsize success—the markets already ranked No. 17 in the world at the end of March, ahead of Brazil and Spain—relies on the recent chart-topping performance of the Abu Dhabi Securities Exchange, run by the UAE’s biggest and wealthiest city-state.