Regional Tensions Weigh on Gulf Markets, Driving Declines

Geopolitical risks remained high after Washington announced rescuing a second pilot, while Donald Trump intensified his tone.

Most Gulf markets saw weak performance on Sunday amid rising regional tensions.

Iran’s Revolutionary Guard said it targeted petrochemical facilities in the UAE, Kuwait, and Bahrain.

Qatar’s index dropped 0.7% with major banks declining.

Saudi Arabia’s index remained stable despite volatility.

Kuwait’s index fell 0.4% and Bahrain’s declined 0.5%.

Egypt’s main index rose 1.9% outside the Gulf.