Gulf equities climbed modestly on September 4, buoyed by optimism around a potential U.S. Federal Reserve rate cut. Saudi Arabia’s index gained 0.3%, helped by a 0.6% increase in Al Rajhi Bank. Dubai followed suit with a 0.3% rise, led by Emaar Properties (+1.4%) and Emirates NBD (+1%). Qatar also increased 0.2%, whereas Abu Dhabi remained flat. Oil prices dipped by 1%, ahead of the OPEC+ meeting.

Source: reuters.com