Houthi rebels in Yemen fired a missile into the financial district of Riyadh, Saudi Arabia, causing minor damage to the Aramco building, the major oil company.
On 8 Nov 2026, Saudi Arabia's Ministry of Energy revealed that the office building of the energy giant Saudi Aramco, located in the King Abdullah Financial District (KAFD) in Riyadh, was attacked, resulting in shattered glass and damage to the building's exterior. However, Saudi Arabia confirmed that there were no injuries or fatalities.
"The Saudi Aramco office building in Riyadh was targeted in an attempted attack today. The incident caused debris to fall, causing minor damage to the building itself. Fortunately, no injuries or deaths have been reported," the Ministry of Energy stated.
This disclosure came after the Arab coalition forces, led by Saudi Arabia, said they successfully intercepted and destroyed two ballistic missiles launched by the Houthi rebels in Yemen.
The attack on the KAFD area, home to key financial institutions such as the Public Investment Fund (PIF), the stock exchange, and global financial firms like Goldman Sachs, marks a significant escalation of the conflict.
Andreas Kreek, an analyst from the risk consultancy MENA Analytica, told AFP this attack undermines the credibility of Saudi Arabia's economic reform plan, "Vision 2030."
"This incident raises the political costs of Saudi Arabia's war in Yemen, strengthening calls to escalate military action and undermining the argument that Riyadh can restore deterrence through air power. The Houthis are holding Saudi Arabia's economic reforms hostage in a war that is becoming increasingly difficult to win," he said.
The war in Yemen, which had been quiet for several years, has flared up again due to the Iran conflict. The ceasefire started to collapse when Saudi Arabia launched attacks on the airport in Sana'a, controlled by the Houthis, to prevent Iranian planes from landing.
The Houthi group, backed by Iran, retaliated by targeting several airports in Saudi Arabia, including King Khalid Airport in Riyadh. They also began attacking Saudi ships in the Red Sea, an alternative oil export route bypassing the Strait of Hormuz, which Iran had closed.
The United Nations reports that since the new round of fighting began, more than 1,600 people have died and over 300,000 have been displaced.
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Source:cna