The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
The Tadawul All-Shares Index was trading at 6,290.20 points, bolstered by a nine percent jump in the leading petrochemicals sector. Market leader SABIC rose 8.8 percent.
All 15 market sectors rose, as well as shares of the 125 companies traded.
The Saudi bourse tumbled to a four-year low on the first trading day of the week on Saturday but rose slightly on Sunday after authorities cut the repurchase (repo) rate by a half percentage point to five percent.
Authorities also reduced from 13 percent to 10 percent the compulsory reserves Saudi commercial banks are asked to maintain on deposits, thus giving them more freedom to lend.
Banks reacted positively to the measures with the banking sector rising 7.5 percent.
The TASI closed on Sunday slightly higher for the first time in two weeks, after shedding a massive 23 percent. It is still down 43 percent on the year.
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
Dubai Police have asked drivers to be extra cautious
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
Dubai Police have asked drivers to be extra cautious
The country has set a new Guinness World Record by creating the largest falcon hood, beating the previous record of 1.65 metres
Hamas' health ministry said that 94,616 people have been wounded since the conflict began on October 7
In most Islamic countries, including the Gulf countries, the Prophet's birthday is observed on 12 Rabi’ Al-Awwal 1444
Traffic will be diverted to the opposite side during this period