Saudi equities face a tense backdrop as Houthi forces claim missile and drone attacks on an Aramco facility near Riyadh, with Saudi strikes reported against Houthi sites in Sanaa.
Saudi equities face a tense backdrop as Houthi forces claim missile and drone attacks on an Aramco facility near Riyadh, with Saudi strikes reported against Houthi sites in Sanaa. The security narrative now extends to Red Sea oil routes, where the crown prince is seeking Egypt's backing as shipping concerns build. Domestic fundamentals offer some counterweight, with earnings supporting the market and construction costs rising modestly, leaving investors weighing geopolitical risk against steady local activity.
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