|05 August, 2019

Mideast Stocks: Factors to watch on August 5

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

An Emirates NBD counter is seen as traders monitor stocks at the Dubai Financial Market at Dubai World Trade Center, February 2, 2012.

An Emirates NBD counter is seen as traders monitor stocks at the Dubai Financial Market at Dubai World Trade Center, February 2, 2012.

REUTERS/Mohamed Al-Sayaghi

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-Asia stocks hit 6-mth lows, bonds boom amid market shakeout 

* PRECIOUS-Gold gains on weaker dollar, U.S.-China trade tension 

* Oil prices drop as U.S.-China trade war fuels growth concerns 

* MIDEAST STOCKS-Weighed down by bank stocks, Saudi market dips after U.S. rate cut 

* Iran seizes Iraqi oil tanker smuggling fuel in Gulf -TV 

* Turkey to launch offensive in Kurdish-controlled area in northern Syria -Erdogan 

* Sudan factions initial pact ushering in transitional government 

* Tourism levy to squeeze Turkish tourism firms still emerging from slump 

* Iraqi oil ministry says has no ties to oil tanker seized by Iran

* Seventeen dead in car explosion in central Cairo -health ministry 

EGYPT

* BRIEF-Egypt's Beltone Financial Shareholders Approve Capital Increase 

* BRIEF-Misr Fertilizers Production H1 Standalone Profit Falls

SAUDI ARABIA

* Saudi non-oil private sector growth slips to five-month low in July -PMI 

* Saudi Arabia cuts Sept crude oil prices to Asia 

* MOVES-Credit Suisse hires Mizuho banker as Saudi Arabia CEO – sources 

UNITED ARAB EMIRATES

* UAE private sector growth at four-month low in July -PMI

* Abu Dhabi's ADFG & Shuaa complete merger with capital increase 

* Dubai's Emaar Q2 profit falls 7.4% as Dubai property market cools 

* BRIEF-ADNOC Distribution Q2 Profit Rises

QATAR

* BRIEF-Qatar Islamic Insurance H1 Profit Rises

KUWAIT

* BRIEF-Kuwait Portland Cement Posts Flat Q2 Profit

* BRIEF-Ithmaar Holding Board Proposes Delisting From Boursa Kuwait 

BAHRAIN

* BRIEF-Bahrain's SICO Q2 Profit Falls

OMAN

* BRIEF-Omantel H1 Group Profit Rises 

(Reporting by Dubai Newsroom) ((dubai.newsroom@thomsonreuters.com))

More From Equities