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Gulf Markets Mixed Amid Trump's Tariff Concerns

2/17/2025

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Summary

Story summary

Gulf stock markets experienced a mixed bag on Monday, reflecting unease over President Trump's tariff proposals. Saudi Arabia's index slipped by 0.9%, while Dubai enjoyed a 0.4% boost thanks to Emaar Properties' strong profit report. Abu Dhabi fell 0.7%, but Qatar managed a slight uptick of 0.1%. Meanwhile, oil prices held steady as investors kept a close watch on global supply trends.

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Story summary

Gulf stock markets experienced a mixed bag on Monday, reflecting unease over President Trump's tariff proposals. Saudi Arabia's index slipped by 0.9%, while Dubai enjoyed a 0.4% boost thanks to Emaar Properties' strong profit report. Abu Dhabi fell 0.7%, but Qatar managed a slight uptick of 0.1%. Meanwhile, oil prices held steady as investors kept a close watch on global supply trends.