Mideast Stocks: Gulf bourses open higher as Trump holds off on Iran strikes Mideast Stocks: Gulf bourses open higher as Trump holds off on Iran strikes

Middle East ETP News


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Mideast Stocks: Gulf bourses open higher as Trump holds off on Iran strikes

November 10, 2026-Saudi Arabia's benchmark index rose 0.3%
Gulf bourses opened higher on Tuesday after US President Donald Trump said military action against Iran isn't needed "at this point".
Trump plans to hold off from fresh strikes for now after appeals from regional allies including Qatar's prime minister.

However, the naval blockade in the Strait of Hormuz stays in place for the time being.

Saudi Arabia's benchmark index rose 0.3%, with Al Rajhi Bank gaining 1% and ACWA Power advancing 2%.

However, oil major Saudi Aramco dropped 1.5%.

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Source: zawya.com


Mideast Stocks: Gulf shares slip on regional uncertainty, shipping concerns

September 24, 2026--Saudi Arabia's benchmark index eased 0.1%
Major Gulf equity markets fell in early trade on Thursday as little progress in US-Iran diplomacy and persistent risks to Strait of Hormuz shipping unsettled investors.

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