Gulf stocks rise as investors assess fallout from US midterms, Iran war Gulf stocks rose in early trading on Wednesday as investors weighed the implications of the US midterm elections and awaited Washington's next move in its war on Iran. Saudi Arabia's benchmark climbed 1.7%, supported by a 6.7% rise in Saudi Arabian Mining Company and a 1.4% rise in Al-Raji Bank. Qatar's benchmark index jumped 2.3%, with almost all of its constituent stocks trading higher. Qatar Islamic Bank rose 3.3%. Dubai's main share index rose 2.1 percent, led by a 3.6 percent gain in blue-chip developer Emaar Properties. Abu Dhabi's benchmark rose 0.9%.

Gulf stocks rise as investors assess fallout from US midterms, Iran war Gulf stocks rose in early trading on Wednesday as investors weighed the implications of the US midterm elections and awaited Washington's next move in its war on Iran. Saudi Arabia's benchmark climbed 1.7%, supported by a 6.7% rise in Saudi Arabian Mining Company and a 1.4% rise in Al-Raji Bank. Qatar's benchmark index jumped 2.3%, with almost all of its constituent stocks trading higher. Qatar Islamic Bank rose 3.3%. Dubai's main share index rose 2.1 percent, led by a 3.6 percent gain in blue-chip developer Emaar Properties. Abu Dhabi's benchmark rose 0.9%.