RIYADH, Oct 26 (Reuters) - Middle Eastern stock markets may pull back on Wednesday after both global bourses and oil prices turned down, although Qatari real estate shares could attract interest after strong third-quarter earnings.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS is down 0.7 percent while Brent oil futures LCOc1 have retreated 1.1 percent to $50.21, bringing this week's losses to 3 percent. ID:nL4N1CW06P

Saudi Arabia's stock index .TASI has risen for five straight days on buying-back after last week's huge international bond sale by the government improved sentiment.

Short-term profit-taking could now interrupt that rebound, at least temporarily, especially after the central bank said late on Tuesday that it had asked local banks to reschedule the property loans of citizens whose incomes had been reduced by government austerity measures - a reminder that banks are bearing much of the pain of austerity. ID:nL8N1CV70T

In Qatar, however, two major real estate firms reported strong third-quarter earnings after drops in the first half of this year.

Barwa Real Estate BRES.QA posted a 136 percent rise in net profit to 297.4 million riyals ($81.7 million), while United Development Co UDCD.QA reported a more than three-fold rise in profit. ID:nL8N1CV8GN ID:nD5N1CO033

(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com)(+9715 6681 7277)(Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))

Keywords: MIDEAST STOCKS/