|01 April, 2019

Mideast Stocks: Factors to watch on April 1

Here are some factors that may affect Middle East stock markets on Monday.

An investor looks up at electronic display boards at the Dubai International Financial Market, March 21, 2010. Image for illustrative purposes.

An investor looks up at electronic display boards at the Dubai International Financial Market, March 21, 2010. Image for illustrative purposes.

REUTERS/Ahmed Jadallah

DUBAI - Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS- Asian stocks surge on China's factory comeback, trade talks progress

* MIDEAST STOCKS- Abu Dhabi slips further, banks support Saudi market

* PRECIOUS- Gold inches up as dollar eases; surge in equities caps gains

* Oil prices push higher as supply worries drive gains

* Arab leaders to seek U.N. Security Council resolution on Golan

* Israel reopens Gaza crossing as mediators push for deal

* Brazil opens Israel trade mission in Jerusalem, short of full embassy move

* TAKE A LOOK-Turkey's election tests Erdogan support as economy slumps

* UPDATE 1-Iraq receives offers for rice in tender

* Turkish forex reserve fall credit negative - Moody's

* Erdogan appears to concede Istanbul defeat after Ankara loss

* Iranian fuel oil cargo sits off Malaysia as U.S. urges sanctions compliance

* Algeria's Bouteflika preparing to announce his resignation -Ennahar TV

* Qatar emir abruptly leaves Arab League summit in Tunisia

EGYPT

* Egypt targets 445.1 billion Egyptian pound deficit in 2019/2020 - ministry

* Egypt's M2 money supply growth slows to 11.55 pct y/y in February -c.bank

* Egypt holds price of 95-octane petrol through Q2 - ministry

* Egypt's International Co For Fertilizers Board Approves Capital Increase

* Egypt's GMC Group FY Profit Falls

* Faisal Islamic Bank Of Egypt Shareholders Approve FY Dividend

* El Sewedy Says SEWA Awards Combined Cycle Power Plant EPC Contract To Consortium

* Egypt's Domty Q4 Consol Profit Falls

SAUDI ARABIA

* Moody's Assigns First-Time A1 Issuer Rating To Saudi Aramco; Stable Outlook

* Saudi economy expands in Q4 on boost from crude; non-oil growth slows

* UPDATE 1-Saudi Arabia to raise around $31 bln in debt this year

* Banque Saudi Fransi Intends Early Redemption Of SAR 2 Bln Tier 2 Sukuk

* Saudi Exchange Says Foreigners Buy A Net 1.01 Bln Riyals Of Stocks Last Week

* Saudi Investment Bank Shareholders Approve To Buy Mizuho Bank's 2.50 Pct Stake In Bank

* Al Rajhi REIT Signs MoU With Al Khaleej Training To Acquire Educational Properties

* Saudi's Salama Cooperative Insurance FY Profit Rises

* Saudi Re For Cooperative Reinsurance FY Profit Falls

* National Agriculture Development Updates On Halting Cultivation Of Green Forage

* Saudi's United Cooperative Assurance FY Profit Falls 

* Solidarity Saudi Takaful - FY Loss Widens 

* Saudi's Middle East Specialized Cables Posts FY Loss

* Saudi's Al Gassim Investment Holding Posts FY Loss 

* Saudi's Batic Says Deal TO buy Al Muhaidib And Himmah Logistic Terminated

* Saudi's Batic Says Agreement To Buy Minority Stake In AMNCO Terminated 

* Saudi Ceramic Obtains 120 Mln Riyals Murabaha Financing 

BAHRAIN

* Batelco And Ericsson Sign Partnership To Launch 5G In Bahrain

* Bahrain's GFH Says BALEXO Sells Stake In Technal Middle East 

UNITED ARAB EMIRATES

* UAE economy rebounds in 2018, but more slowly than expected 

* UAE's Al Ramz In Advanced Stage To Acquire UAE Domiciled Financial Institution

* ADNOC Drilling completes first ‘integrated drilling services’ well in Al Dabbyia

* Average Dubai crude oil price rises in March to 5-month high

QATAR

* QATAR GDP -1.2 PERCENT QUARTER ON QUARTER IN Q4 2018 

* QATAR TOTAL CREDIT +4.9 PCT Y/Y IN FEBRUARY - GOVERNMENT DATA 

* Ocean LNG to offtake and market all LNG volumes produced and exported from Golden Pass project

KUWAIT

* Kuwait's Energy House Holding Completes Stake Sale In Kuwait Energy 

* Kuwait Finance And Investment Co Q4 Loss Widens

* Kuwait's KGL Logistics Q4 Profit Rises

* Kuwait's Advanced Technology Q4 Profit Falls

* Kuwait Bahrain International Exchange Q4 Profit Rises 

* Kuwait's Arabi Holding Group Q4 Profit Rises 

* Kuwait And Gulf Link Transport Posts Q4 Loss 

(Reporting By Dubai Newsroom) ((Dubai.Newsroom@thomsonreuters.com))

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