Weekly Watch | Market Eyes Iran Situation; Arabian Drilling (2381) and SABIC (2010) to Release Results Next Week; U.S. February Non-Farm Payrolls on Deck

ARABIAN DRILLING
AL MAATHER REIT
JAMJOOM PHARMA
ALMODAWAT
ALDREES

ARABIAN DRILLING

2381.SA

0.00

AL MAATHER REIT

4334.SA

0.00

JAMJOOM PHARMA

4015.SA

0.00

ALMODAWAT

9594.SA

0.00

ALDREES

4200.SA

0.00

"Weekly Watch" provides a snapshot of the key events, economic data, and earnings reports expected to influence the financial markets in the US and Saudi Arabia over the upcoming week, allowing you to stay ahead and capture market opportunities in advance.

On Saturday, Israel’s Defense Minister stated that the country had launched a preemptive strike against Iran. Shortly thereafter, Donald Trump announced that the United States had recently initiated major combat operations within Iran.

Outlining the military objectives, Trump declared that Iran would never be allowed to possess nuclear weapons. He stated that the U.S. would destroy Iran's missiles and level its missile industry to the ground. Reaffirming the commitment to keeping Iran nuclear-free, he added that the U.S. would also destroy the Iranian navy.

Following the attacks on Iran, the OPEC+ alliance will consider increasing its production output by a wider margin.

Heading into next week, investors should closely monitor the impact of this event on global markets.

Read more: Israel Launches Strike on Iran: What’s Next for U.S. Stocks, Gold, and Oil? Find Out How to Position Your Portfolio

Saudi Market Overview

Note: All dates provided are estimates or based on company announcements and are subject to change at any time, whether advanced or delayed.

1 March 2026

EventCompany
Financial results disclosureArabian Drilling Co.(2381.SA) 
Eligibility for cash dividend

AL Maather REIT Fund(4334.SA) 

Jamjoom Pharmaceuticals Factory Co.(4015.SA) 

Cash dividend distributionAl-Modawat Specialized Medical Co.(9594.SA) 

2 March 2026

EventCompany
Eligibility for cash dividendAldrees Petroleum and Transport Services Co.(4200.SA) 
Ordinary assembly meetingAldrees Petroleum and Transport Services Co.(4200.SA) 
Earnings callArabian Drilling Co.(2381.SA) 
Surplus refund dateKesay Clinics Co.(9654.SA) 

3 March 2026

EventCompany
The American Petroleum Institute (API) report on the US crude oil inventoriesAmerican Petroleum Institute
Extraordinary general meetingNaqi Water Co.(2282.SA) 
Eligibility for cash dividendHorizon Educational Co.(9603.SA) 

4 March 2026

EventCompany
Financial results disclosureSaudi Basic Industries Corp.(2010.SA) 
Ordinary assembly meetingNorthern Region Cement Co.(3004.SA) 
Extraordinary general meetingDr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA) 
EIA Report on US crude oil and petroleum inventoriesE.I.A

5 March 2026

EventCompany
Extraordinary general meeting

Bupa Arabia for Cooperative Insurance Co.(8210.SA) 

Saudi Company for Hardware(4008.SA) 

U.S. Market Overview

Earnings Calendar

DateCompany
2 March 2026

BigBear.ai Holdings, Inc.(BBAI.US) 

Credo Technology Group Holding Ltd.(CRDO.US) 

Kaspi.KZ(KSPI.US) 

MongoDB, Inc. Class A(MDB.US) 

Plug Power Inc.(PLUG.US) 

3 March 2026

Best Buy Co.,Inc.(BBY.US) 

Sea(SE.US) 

Target Corporation(TGT.US) 

GITLAB INC.(GTLB.US) 

Ross Stores, Inc.(ROST.US) 

CrowdStrike(CRWD.US) 

4 March 2026

Okta, Inc. Class A(OKTA.US) 

Rigetti Computing, Inc.(RGTI.US) 

Broadcom Limited(AVGO.US) 

5 March 2026

Kroger Co.(KR.US) 

JD.com, Inc. Sponsored ADR Class A(JD.US) 

Costco Wholesale Corporation(COST.US) 

Gap, Inc.(GAP.US) 

Marvell Technology, Inc.(MRVL.US) 

6 March 2026

Petroleo Brasileiro SA Sponsored ADR(PBR.US) 

Algonquin Power & Utilities Corp.(AQN.US) 

Economic Data Calendar

DateEconomic Events
2 March 2026
  • S&P Global Manufacturing PMI Final FEB
  • ISM Manufacturing PMI FEB
  • ISM Manufacturing Employment FEB
3 March 2026
  • Fed Williams Speech 
  • Fed Kashkari Speech 
  • API Crude Oil Stock Change FEB/27
4 March 2026
  • MBA 30-Year Mortgage Rate FEB/27
  • ADP Employment Change FEB
  • ISM Services PMI FEB
  • EIA Crude Oil Stocks Change FEB/27
  • EIA Gasoline Stocks Change FEB/27
5 March 2026
  • Export Prices MoM JAN
  • Import Prices MoM JAN
  • Initial Jobless Claims FEB/28
  • Nonfarm Productivity QoQ Prel Q4
  • Unit Labour Costs QoQ Prel Q4
6 March 2026
  • Non Farm Payrolls FEB
  • Retail Sales MoM JAN
  • Unemployment Rate FEB
  • Average Hourly Earnings MoM FEB
  • Average Hourly Earnings YoY FEB
  • Participation Rate FEB
  • Retail Sales Control Group MoM JAN
  • Retail Sales Ex Autos MoM JAN
  • Business Inventories MoM DEC
  • Fed Hammack Speech 

Note: US calendars are in Eastern Standard Time (EST).

Wishing you successful trading and prosperous investment decisions in the week ahead!