{
  "id": 14210995,
  "title": "Saudi rebound lifts most Gulf bourses as markets weigh regional risks",
  "url": "https://urgent.news/2026/10/13/saudi-rebound-lifts-most-gulf-bourses-as-markets-weigh-regional-risks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T13:40:44.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444018/saudi-rebound-lifts-most-gulf-bourses-as-markets-weigh-regional-risks"
  },
  "original_language": "en",
  "account": "Gulf stock markets saw a rise on Tuesday as Saudi Arabia's key index broke a four-day losing streak. The Saudi benchmark index climbed 0.3% thanks to a 1.8% jump in the country's largest lender, Saudi National Bank. Dubai's main share index increased 0.4%, and Abu Dhabi's index went up 0.3%. However, Gulf markets traded within a narrow range due to concerns over regional risks, such as ongoing talks between the US and Iran and disruptions in the Strait of Hormuz. Despite the caution, de-escalation efforts prevented a larger sell-off, according to Daniel Takieddine, CEO of Sky Links Capital Group. In Qatar, the index added 0.2%, continuing its recovery following a six-year low hit on Sunday. Qatar Airways temporarily halted flights to and from Riyadh and Dammam due to attacks by Yemen's Houthis allied with Iran. UAE President Anwar Gargash urged for renewed joint Gulf action, especially in security and defense, stating that targeting Saudi Arabia threatened the security of all Gulf states. Energy Minister Prince Abdulaziz bin Salman expressed a desire to boost Saudi crude export capacity to up to 10 million barrels per day, proposing to repurpose a domestic gas pipeline and enhance the existing East-West network. Meanwhile, Egypt's blue-chip index fell 0.7%, with its current account deficit widening to $7.9 billion in the April–June 2026 quarter, compared to $2.2 billion in the same period last year.",
  "summary": "Most Gulf bourses closed higher on Tuesday, with Saudi Arabia’s benchmark index snapping a four-session losing streak, even as the kingdom extended the closure of Riyadh’s King Khalid International Airport until Saturday. A spokesperson for the Saudi-led coalition said on Tuesday that civilians would soon be warned to evacuate a site in Yemen’s Sanaa ahead of a special operation. The Saudi index…",
  "key_points": [
    "Saudi benchmark index rebounds 0.3%, ending four-day decline",
    "Dubai's main share index rises 0.4%, Abu Dhabi's up 0.3%",
    "Gulf markets cautious amid US-Iran tensions and Hormuz disruptions"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}