Gulf Stocks Zoom Up as Aramco Profits Soar to New Heights

Geopolitics

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Gulf Stocks Zoom Up as Aramco Profits Soar to New Heights

Gulf stock markets were buzzing on Tuesday! Thanks to a bounce in oil prices and some jaw-dropping earnings from Aramco, the Tadawul All Share Index jumped about 0.4%. Aramco celebrated with a whopping $32.69 billion profit for Q2, a 44% increase from last year. Even with some geopolitical drama, they promised steady supply and raised dividends, keeping investors smiling.