Saudi equities slipped as the telecom sector weighed on the market, and attention turned to reports of smoke and fire near an Aramco facility in Riyadh amid escalating Houthi tensi
Saudi equities slipped as the telecom sector weighed on the market, and attention turned to reports of smoke and fire near an Aramco facility in Riyadh amid escalating Houthi tensions. The security narrative dominates the pulse right now, with coalition statements disputing Houthi claims of strikes on Riyadh while Yemeni forces continue operations against Houthi sites in Sanaa. Regional pressure on Iran and continued Gulf startup investment in robotics and fintech show the tension sits alongside ongoing economic activity, leaving investors balancing geopolitical risk against steady domestic fundamentals.
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