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Saudi Arabia’s Civil Defense issued a warning about a potential hazard in Riyadh, according to a First Squawk alert. The notice did not specify the nature, location or severity of the hazard, and no casualty or damage figures were provided. The alert matters because Riyadh is the kingdom’s capital and home to its main financial and government institutions, so any disruption can affect business continuity and sentiment. Traders will watch for follow-up statements clarifying the hazard, any emergency measures and whether operations at offices, airports or utilities are affected.

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Saudi Civil Defense, Riyadh