10,542TASI · Oct. 7 close · −0.45%

DailyDrop.

3.75USD/SAR · official pegged rate (not a live rate)
TASI10,542.00▼0.45%10/7USD/SAR3.75-0.00%10/7S&P 5007,801.77▼0.22%10/7WTI$88.28▼1.30%10/7Gold$4,140.70▼1.11%10/7
Saudi Arabia · SecurityPress ✓ 6 outlets · toll from the General Authority of Civil Aviation · Houthis claimed responsibility

Three dead and 36 injured in Houthi attacks on Abha and Riyadh airports; coalition says it destroyed 82 targets

The General Authority of Civil Aviation said the two airports were targeted on October 6 and 7 and that material damage occurred. The Houthis claimed responsibility, and the coalition said it destroyed 82 military targets in four Yemeni governorates.

The General Authority of Civil Aviation said on Wednesday, October 7, that Abha International Airport and King Khalid International Airport in Riyadh were targeted in two separate attacks on October 6 and 7, which left three dead, 36 injured and material damage it did not detail, according to Al Jazeera, Gulf News, Arab News and Siasat. The Authority’s statement did not name the party responsible.

According to the same figures, two women, one Moroccan and one Algerian, were killed in Abha and 28 people were injured, among them Saudis and residents from Bangladesh and the Philippines. In Riyadh a Sudanese resident was killed and eight were injured: five Saudis, two Egyptian residents and one Pakistani resident. The Houthi military spokesman Yahya Saree said the group used drones against King Khalid International Airport, and ballistic missiles and drones against Abha airport.

The Saudi-led coalition said it destroyed 82 Houthi military targets in Saada, Hodeidah, al-Jawf and Marib, among them 11 ballistic missile storage facilities in the mountains of Saada, command-and-control centres and weapons depots, according to Kuwait Times and Malay Mail. The coalition vowed that attacks on civilian sites would not go unpunished, according to Arab News. Al Jazeera reported that in the early hours of Thursday the Houthis announced a new missile strike on Riyadh airport and a “final warning” to airlines, which the Saudi authorities did not confirm.

In DailyDrop’s reading, this is a civilian death toll inside Saudi Arabia, whereas the tolls we found before were injuries. Today, Thursday, we are following: air traffic and the Houthi warnings to airlines, details of the deployment of Pakistani and Turkish forces, and any further coalition response.

Open the story and DailyDrop’s take
By the numbers
3dead, according to the General Authority of Civil Aviation
36injured at the two airports, according to the Authority
82Houthi military targets destroyed by the coalition, according to its statement
Markets · TadawulSingle source: Argaam · earlier sessions from Argaam and Arab News

TASI falls about 0.45% to 10,542 points and stays near 10,500 for a fourth session

TASI closed on Wednesday, October 7, at 10,542 points, down 48 points or about 0.45%, according to Argaam. It ranged between 10,605 and 10,532 points on a trading value of about 2.9 billion riyals, lower than Monday’s (3.6 billion) and Tuesday’s (4.2 billion) sessions. Al Rajhi Bank fell 1% to 63.20 riyals, and Aramco rose less than 1% to 25.84 riyals.

The index closed at 10,505.84 on Sunday, 10,480 on Monday, 10,590 on Tuesday and 10,542 on Wednesday, and the October 1 close of 10,393 was the lowest level since January, according to Argaam. We found no second source for Wednesday’s figures, nor a confirmed explanation for the move, and any link to the airport news is an inference we have nothing to support.

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Word of the day
General Authority of Civil AviationInstitutions

The Saudi authority that regulates civil aviation and airports.


Markets · United StatesPublished closing data · no confirmed reason found

S&P 500 falls 0.22% to 7,801.77 points, gold drops 1.11% to $4,140.7

The S&P 500 closed on Wednesday, October 7, at 7,801.77 points, down 0.22%, and gold fell 1.11% to $4,140.7 per ounce, according to closing data.

That leaves the US index about 1.02% above its Friday, October 2 close (7,722.72), while gold is about 0.52% below its close then (4,162.3). We found no documented explanation from two sources for today’s move.

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Yemen · TallyPress ✓ based on earlier issues and today’s reports

Yemen four days into the offensive: what is confirmed and what remains a claim

Confirmed by more than one source: Rashad al-Alimi announced the operations on October 4, the Houthis took Turbah and cut the Taiz–Aden road, Abha and Riyadh airports were targeted with a toll of three dead and 36 injured according to the Saudi authority, and the Saudi-led coalition announced the destruction of 82 targets and the participation of 100 fighter jets, according to its statements.

Not independently confirmed: control of Dhubab airport and the outskirts of Mocha, the toll of the “neutralised” (1,747 in 1,122 operations according to the Yemeni army), the number of air raids (from 26 to 97 according to reports), and the new Houthi missile strike on Riyadh airport. We do not treat any party’s claim as fact.

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Oil · MarketsClosing data · no official Brent price

West Texas Intermediate falls 1.30% to $88.28, the lowest close this week

West Texas Intermediate closed on Wednesday, October 7, at $88.28, down 1.30%. The week’s closes were $91.11 (Friday, October 2), then 89.43 (Monday), 89.44 (Tuesday) and 88.28 (Wednesday), about 3.1% below Friday’s close.

We have no official closing price for Brent for these days, nor did we find an explanation from two sources for the decline, with the Strait of Hormuz remaining closed according to Iran and fighting continuing in Yemen. OPEC+ meets on November 1. We link the move to the Saudi markets with caution, since its revenue sources are many.

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In brief
  • Houthis announce a new missile strike on Riyadh airport and a final warning to airlines, without Saudi confirmationAl Jazeera
  • S&P 500 closes at 7,801.77 points, down 0.22%Closing data
  • West Texas Intermediate $88.28 (−1.30%) and gold $4,140.7 (−1.11%)Closing data
  • TASI falls 48 points to 10,542 on a trading value of 2.9 billion riyalsArgaam
  • Al Rajhi Bank −1% to 63.20 riyals and Aramco +0.16% to 25.84Argaam
  • The October 1 close of 10,393 points is the lowest level since JanuaryArgaam, Arab News
  • High Commissioner for Human Rights: killing of 32 civilians in Yemen since August documentedAl Jazeera
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Unverified — what we could not confirm

“A Houthi missile strike hit Riyadh airport precisely and disrupted air traffic.” A Houthi spokesman said this on X. The General Authority of Civil Aviation confirmed that Abha and Riyadh airports were hit, with three dead and 36 injured, but the extent of the disruption is not documented, and the coalition said it intercepted a ballistic missile headed for Riyadh.
“The Houthis struck the Aramco refinery in Rabigh.” A claim by Houthi spokesman Yahya Saree on October 5. Neither the Saudi authorities nor Aramco confirmed any damage.
“The Houthis destroyed Khamis Mushait air base.” A Houthi claim on which Saudi Arabia has not commented; the date of the report is unclear to us, so we do not treat it as confirmed.
Glossary · dotted words — economic, security and political terms explained in the context of the story. The list grows every day.
INSIDEThree dead and 36 injured in Houthi attacks on Abha and Riyadh airports; coalition says it destroyed 82 targetsSaudi Arabia · SecurityTASI falls about 0.45% to 10,542 points and stays near 10,500 for a fourth sessionMarkets · TadawulS&P 500 falls 0.22% to 7,801.77 points, gold drops 1.11% to $4,140.7Markets · United StatesYemen four days into the offensive: what is confirmed and what remains a claimYemen · TallyWest Texas Intermediate falls 1.30% to $88.28, the lowest close this weekOil · Markets