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    Gulf markets dip amid rising geopolitical tensions; Saudi Arabia and UAE stocks fall the most

    14 hours ago

    Gulf stock markets opened lower on Wednesday as rising geopolitical tensions in the Middle East, sparked by Israeli airstrikes targeting Hamas leaders in Qatar, rattled investor confidence. Major indices in Saudi Arabia and the UAE led the declines, while oil prices edged up amid cautious outlooks. Oman was the sole regional market to post gains amid the broader selloff.
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