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, SAT., OCT. 10, 2026No. 6 · Morning, 6:00 a.m. EET6 a.m. EET
EGX3053,265.16▼0.06%10/7USD/EGP52.34－10/8S&P 5007,811.54▲0.59%10/9WTI$91.85▲0.39%10/9Gold$4,216.30▲1.43%10/9
Gulf · SecurityPress ✓ 6 outlets · the Houthis claimed responsibility and Saudi Arabia has not named the perpetrator

Three Saudis, including an airline captain, killed in two attacks on King Khalid Airport in Riyadh and a Saudi plane; Houthis claim responsibility

The Saudi General Authority of Civil Aviation said the two attacks took place on Thursday, and the airport resumed operations that same evening. The Houthis announced they fired a ballistic missile; the Saudi authorities have not named those responsible.

The Saudi General Authority of Civil Aviation announced on Friday, October 9 that three Saudi citizens, including an airline captain, were killed in two attacks targeting King Khalid International Airport in Riyadh and a Saudia aircraft, according to Al Jazeera, Euronews and the Associated Press as published by KSAT and ITV. Others were injured, from lightly to seriously. The reports said that one of the attacks hit airport facilities and the other an aircraft that was on the ground with no passengers aboard.

The Houthis claimed responsibility and said they used a ballistic missile, while the Saudi authorities did not name those responsible in what we have seen. Dozens of flights were delayed or cancelled, and air traffic was not suspended entirely; the Saudia group said activity returned to normal at 6 p.m. on Thursday. Al Jazeera’s coverage noted that a Sudanese citizen was killed at Riyadh airport earlier in the week, and that attacks on Abha airport also caused deaths.

For the Egyptian reader this matters for two reasons: large numbers of Egyptians live in Saudi Arabia, and oil markets react to any threat to the Kingdom’s facilities. Our practical advice is to follow airline notices before travelling. In DailyDrop’s reading, the widening of attacks on civilian airports within days means the risks will not be confined to oil facilities. Watching today: Saudi statements on who is responsible, the coalition’s response, and air traffic in Riyadh.

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By the numbers
3Saudis killed, including an airline captain, according to the General Authority of Civil Aviation
2attacks: on airport facilities and on an aircraft on the ground
6Thursday evening: when activity returned to normal, according to Saudia
Energy · RussiaPress ✓ 4 outlets · the quantities are attributed to Trump’s announcement

Trump announces deal with Putin on Russian diesel supplies and eases sanctions restrictions

US President Donald Trump announced on his Truth Social platform on Friday, October 9, after a call with Russian President Vladimir Putin, that Russia would immediately supply more than 300,000 tonnes of diesel to the American and global markets, then 500,000 tonnes in November and a million tonnes “immediately after that,” then another three million tonnes “within a short period,” according to MercoPress, ABC 4, Cash and Kors.

The reports said the US Treasury Department allowed some transactions involving Russian diesel that had been restricted, and that the third quantity is conditional on the state of Russian refineries; the White House did not respond to questions about who will pay and when the shipments will arrive. Egypt imports part of its diesel needs, but we have seen no announced effect on it.

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Word of the day
DieselEnergy

A fuel used in trucks, farm machinery and transport; the focus of the announced deal between Trump and Putin.

Egypt · MalaysiaPress ✓ 4 outlets · the visit programme is attributed to the presidency

Sisi arrives in Kuala Lumpur on a state visit; the King hosts an official lunch for him tomorrow, then a press conference

President Sisi arrived in Kuala Lumpur on Friday, October 9, on a two-day state visit at the invitation of Sultan Ibrahim, and was received at the airport by Prime Minister Anwar Ibrahim, according to Al-Youm Al-Sabaa, The Star, Bernama and Parlmany. The presidency’s official spokesman said the programme includes a meeting with the King on Saturday and an official lunch followed by a meeting with the prime minister.

The visit is expected to raise relations to a strategic partnership and to see memoranda of understanding signed, according to the Malaysian foreign ministry, and trade had risen 74.7% in eight months. We have not seen the texts of the memoranda. The Asian tour began in South Korea and includes Indonesia.

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Markets · MetalsClosing data · we found no confirmed reason for the jump

Gold jumps 1.43% to $4,216.3 an ounce at Friday’s close

Gold closed on Friday, October 9 at $4,216.3 an ounce, up 1.43%, the highest close of the week among the figures we tracked (4,156.8 on Monday, 4,187.1 on Tuesday, 4,140.7 on Wednesday and 4,157.0 on Thursday). The S&P 500 ended the week at 7,811.54, up 0.59%, and West Texas Intermediate at $91.85.

We found no confirmed explanation from two sources for the jump in gold. Analysts commonly link a rise in gold to geopolitical risk, but we have no evidence specific to this day. For savers in Egypt, gold is priced locally according to its global price and the exchange rate, so a global rise usually raises prices in pounds.

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Markets · Egyptian ExchangePress ✓ 3 sources · the weekly tally is from our own calculation

A short week for the Egyptian Exchange: a 1.61% rise, then three falling sessions and a Thursday holiday

The EGX 30 recorded 53,911.1 points on Sunday this week (+1.61%), then 53,553.41 on Monday (−0.66%), then 53,298.14 on Tuesday (−0.48%), then 53,265.16 on Wednesday (−0.06%), according to Arab Finance, Al-Youm Al-Sabaa and Masrawy. Trading stopped on Thursday for the holiday. By our calculation from these figures, the index ended the week about 1.2% below Sunday’s peak.

Egyptians were net buyers and foreigners were sellers in the sessions for which the reports gave details of the traders. The exchange reopens on Sunday, October 11, and the subscription in MNT-Halan runs until October 15. This is not investment advice.

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In brief
  • The S&P 500 gained 0.59% on Friday and closed at 7,811.54Closing data
  • West Texas Intermediate at $91.85, up 0.39%Closing data
  • Malaysian foreign ministry: the visit raises relations to a strategic partnershipBernama
  • One of the two attacks hit a Saudia aircraft on the ground with no passengers aboardEuronews, KSAT
  • Saudia: activity returned to normal at 6 p.m. on ThursdayITV
  • Trump: 300,000 tonnes of diesel immediately and 500,000 in NovemberMercoPress
  • MNT-Halan subscription open until October 15Arab Finance
  • Banks and the exchange reopen on Sunday, October 11Ahram Online
Seven minutes every morning, one front page

Unverified — what we could not confirm

“Russia will supply 4.8 million tonnes of diesel.” This is the sum of what Trump announced on Truth Social, but the immediate quantity is only 300,000 tonnes, the rest comes in sequence, and the last is conditional on the state of Russian refineries, according to ABC 4. Moscow did not confirm the size of the deal in what we have seen.
“Sanctions on Russian diesel are suspended until April 2027.” One report said so, and we did not find it in other reports, so we treat it as unconfirmed.
“Saudi Arabia announced that the Houthis carried out the Riyadh airport attack.” The Houthis claimed responsibility, while the Saudi authorities did not name the party in the Al Jazeera and Associated Press reports we have seen.

Influencer watch

  • Donald Trump, US President Truth Social · 10/9Trump posted that Russia will immediately supply over 300,000 tons of diesel to the American and global marketplace.

Statements as posted, not fact-checked.

Glossary · dotted words — economic, security and political terms explained in the context of the story. The list grows every day.
INSIDEThree Saudis, including an airline captain, killed in two attacks on King Khalid Airport in Riyadh and a Saudi plane; Houthis claim responsibilityGulf · SecurityTrump announces deal with Putin on Russian diesel supplies and eases sanctions restrictionsEnergy · RussiaSisi arrives in Kuala Lumpur on a state visit; the King hosts an official lunch for him tomorrow, then a press conferenceEgypt · MalaysiaGold jumps 1.43% to $4,216.3 an ounce at Friday’s closeMarkets · MetalsA short week for the Egyptian Exchange: a 1.61% rise, then three falling sessions and a Thursday holidayMarkets · Egyptian Exchange