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Threats by Yemen's Houthis to hit Saudi Arabia again rattle Gulf bourses
Gulf markets ended lower on Thursday as the Houthis threatened more attacks on Saudi Arabia, putting the country’s benchmark index on track for a sixth weekly loss. The Saudi index dropped 0.3%, pulled down by a 3.1% slide in ACWA Power Company and 0.4% fall in oil behemoth Saudi Aramco. On Wednesday, Yemen’s Houthis pledged to keep attacking airports and oil facilities in the kingdom. The threat came a day after a Houthi strike caused extensive damage to Aramco’s headquarters in Dhahran, where a fire spread across several floors, three people with direct knowledge of the matter told Reuters. ...
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