Saudi Arabia Faces Market Losses Amid Rising Houthi Attacks
Gulf markets faced a downturn on Thursday, driven by escalating threats from the Houthis against Saudi Arabia. The Saudi index fell 0.3%, impacted by a 3.1% drop in ACWA Power and a 0.4% decline in Saudi Aramco. Qatar’s index led regional losses, hitting a six-year low, while Dubai’s index also fell.