Saudi equities regained ground, with the main index climbing as regional diplomacy picked up, including Turkish officials visiting Riyadh for a joint defense committee meeting. Oil
Saudi equities regained ground, with the main index climbing as regional diplomacy picked up, including Turkish officials visiting Riyadh for a joint defense committee meeting. Oil supply dynamics stayed steady after OPEC+ producers agreed to hold November output targets, easing some of the pressure tied to the Yemen conflict headlines. Domestically, a new retail sukuk offering opened and the market regulator signaled a 90-day reform plan aimed at boosting retail participation, while budget tightening showed up in the reported cancellation of a major entertainment event.
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