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Gulf Markets Rebound on Earnings & Trade Deal

Most Gulf equity markets turned positive, lifted by robust Q2 earnings and renewed optimism over a new U.S.–Japan trade agreement that includes a 15% tariff on Japanese imports. Saudi Arabia’s index rose 1.3%, supported by strong performance in Al Rajhi Bank and Saudi National Bank. Abu Dhabi gained 1.2%, led by First Abu Dhabi Bank, while Dubai edged up 1% and Qatar climbed 0.4%, reaching a 2.5‑year high. 

Souce: reuters.com

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