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Gulf stocks mixed ahead of potential US-Iran UN talks
Gulf stock markets closed mixed on Tuesday as cautious investors awaited potential US-Iran developments at the United Nations General Assembly. Market sentiment remained fragile following renewed threats exchanged between Washington and Tehran, prolonging a months-long stalemate that continues to pressure global energy dynamics and heighten regional tensions. Compounding these geopolitical risks, Yemen’s Houthis advanced near the strategic Red Sea coast amid persistent cross-border friction with Saudi Arabia. Saudi Arabia’s benchmark index finished flat, with Al Rajhi Bank losing 2.4%. Saudi c...
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