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Gulf markets fall as fresh Houthi strikes on Saudi Arabia raise regional risk
Gulf bourses ended in the red on Thursday as a new wave of Houthi attackson Saudi Arabia heightened fears that the conflict could spread. The US State Department has ordered some diplomats and family members to leave its missions in Saudi Arabia, and plans to pull family members from several other US missions in the region, US officials told Reuters. Saudi Arabia’s benchmark index declined 2.3%, posting its eighth weekly decline and biggest in over two years. Saudi National Bank, the country’s biggest lender by assets, slid 5.1%, and oil giant Saudi Aramco lost 0.7%. Riyadh has answered the Ho...
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