Most stock markets in the Gulf ended lower on Sunday, tracking Friday's decline on Wall Street against the backdrop of a standoff between Russia and the West over Ukraine.
led the losses, retreating 2% for its biggest daily decline since late November, with stocks falling across the board.On Thursday 12 people were injured at Saudi Arabia's Abha airport by shrapnel from an explosive-laden drone intercepted by air defences, said the Saudi-led coalition fighting Yemen's Iran-aligned Houthi group.
Most attacks are intercepted but a few people have been killed and several injured.Saudi Arabia's Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco shares worth $80 billion to the kingdom's sovereign wealth fund, the government said on Sunday.
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Pentagon orders departure of U.S. troops in Ukraine as Russia crisis escalatesOn Friday, President Joe Biden's national security advisor, Jake Sullivan, urged any Americans still in Ukraine to leave immediately.
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Dow falls over 500 points, oil hits $93 on Russia, Ukraine tensionsStock investors are debating the pace and series of rate hikes coming down the pike.
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Dow tumbles 500 points as Ukraine-Russia crisis deepensU.S. markets are reacting to escalating uncertainty amid an international crisis on Ukraine's border where Russia has amassed thousands of its troops.
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Germany's Baerbock says Ukraine crisis is escalatingThe crisis between Russia and Ukraine is escalating, but Germany is making all efforts to find a diplomatic solution, German Foreign Minister Annalena Baerbock said on Saturday.
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Satellite images show increased Russian troop buildup near Ukraine's bordersSatellite images recently captured by Maxar Technologies show that Russia is continuing to deploy new troops and military equipment, likely including field hospitals, near Ukraine's borders in Crimea, Belarus and western Russia. Read more:
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