Country: SA | Published: 2026-09-20
Saudi and Gulf stocks fell after the Houthis claimed strikes on Riyadh and the Yanbu port, keeping security risk at the center of the market's attention. The Houthis also warned Pa
Saudi and Gulf stocks fell after the Houthis claimed strikes on Riyadh and the Yanbu port, keeping security risk at the center of the market's attention. The Houthis also warned Pakistan and Turkey against any Saudi-backed intervention, raising the prospect of a wider escalation that US officials reportedly fear. Against that backdrop, the US cleared a potential multibillion-dollar F-35 sale to the kingdom, and building permits jumped in July, offering pockets of underlying strength even as geopolitical tension weighs on sentiment.