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Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar on Tuesday for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.
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Saudi Arabia's stock market rose in early trade on Tuesday hitting its highest in nearly nine months on bets for an imminent end to U.S. interest rate hikes, while the Qatari bourse eased.
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Qatar Energy on Tuesday reported a 154.6 billion riyal ($42.47 billion) net profit for 2022, a 58% rise in a year when demand for liquefied natural gas surged following Russia's invasion of Ukraine.
Most stock markets in the Gulf ended higher on Tuesday on bets for an imminent end to U.S. interest rate hikes, although the Saudi index eased on volatile energy prices.
Major stock markets in the Gulf were subdued in early trade on Monday tracking oil prices lower, with the Dubai index on course to snap five sessions of gains.