Gulf stock markets edged upward early today, mirroring gains across Asian markets amid rising expectations of an impending U.S. Federal Reserve rate cut. Saudi Arabia’s index gained 0.3%, supported by financials such as Al Rajhi Bank. Dubai also rose by 0.3% with Emaar Properties and Emirates NBD leading gains, while Abu Dhabi remained flat and Qatar added 0.2%—all despite oil prices dipping ahead of an OPEC+ meeting. 

Source: reuters