Middle East stock market closing report | In July, the Saudi stock index fell by about 2.2%. The 9% rise in international oil prices did not provide a boost. The Dubai stock market accumulated a gain of over 7.9%.

On Thursday, the Saudi Stock Exchange's All Share Index closed up 0.05% at 10920.27 points, with a weekly decline of 0.23% and a cumulative decline of 2.18% in July. Saudi Aramco closed up 0.25% at 24.30 Saudi Riyals, with a weekly increase of 1.12% and a cumulative decline of 0.12% in July. Up to now in July, WTI crude oil futures have risen by 9%, while Brent crude oil futures have risen by 9.3%. The Albilad Southern East MSCI Hong Kong China Stock ETF listed on the Saudi market fell by 1.38%, closing at 12.16 Saudi Riyals, moving away from the intraday historical high of 12.39 Riyals and the closing historical high of 12.33 Riyals. The ETF saw a weekly increase of 0.41% and a cumulative increase of 8.19% in July. The EGX 30 index of the Egyptian Stock Exchange closed up 1.00% at 34198.00 points, with a cumulative increase of 4.08% in July. On July 27, it reached 34554.24 points, setting a new closing historical high, and on July 28, it reached 34683.00 points, setting a new intraday historical high. The Qatar Stock Exchange index closed up 1.01%, with a cumulative increase of 4.76% in July. The Kuwait Stock Exchange Supermarket Price Return Index closed up 0.40%, with a cumulative increase of 1.16% in July. The Dubai Financial Market General Index closed down 0.79%, but had a cumulative increase of 7.95% in July. The Abu Dhabi Securities Market Composite Index closed up 0.17%, with a cumulative increase of 4.15% in July.