Mideast Stocks: Factors to watch on August 5

Asian stocks hold gains, dollar strong on Fed official comments

  
Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

REUTERS/Abdel Hadi Ramahi

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian stocks hold gains, dollar strong on Fed official comments 

* Oil prices rise on Mideast tensions; crude stock build caps gains 

* PRECIOUS-Gold eases on firm dollar, hawkish Fed official

* MIDEAST STOCKS-Dubai gains as UAE eases travel curbs; other markets mixed

* GCC economies expected to grow 2.2% this year, says World Bank 

* Gulf buy now, pay later firm Tabby raises $50 mln, to speed up expansion 

EGYPT

* Egypt's net foreign reserves rise slightly to $40.6 billion in July - c.bank 

* Alexandria Company For Pharmaceuticals And Chemical Industries FY Profit Falls

* Misr Intercontinental For Granite And Marble H1 Loss Widens 

* Egypt's NATCO hires adviser for bond sale, mulls IPO 

SAUDI ARABIA

* Saudi Arabian Mining Posts Qtrly Profit 

* National Petrochemical Posts Quarterly Profit 

* Saudi Industrial Investment Group Posts Qtrly Profit 

* Northern Region Cement Board Proposes H1 Dividend 

* Northern Region Cement Quarterly Profit Rises 

* Saudi Research And Marketing Announces Contract Sign Off With Taoq Public Relations 

* Eastern Province Cement Quarterly Profit Rise 

* Arab National Bank Quarterly Profit Falls 

* Saudi Arabia raises Sept crude official selling prices for Asia - Aramco 

* Saudi British Bank Posts Quarterly Profit

* Savola Group Qtrly Profit Falls

UNITED ARAB EMIRATES

* Mubadala Capital’s Blue Whale Acquisition Corp I Announces Pricing of $200 Million IPO 

* Dubai Islamic Bank Increase In Fol To 40% Implemented 

* Ras Al Khaimah Cement Q2 Loss Narrows 

* Al Khaleej Investment Q2 Profit Rises 

* Dubai Aerospace Enterprise H1 Profit Falls

* Investcorp swings to profit, N.American PE fund raises $1 bln 

KUWAIT

* Kuwait's KFH eyes government projects in Saudi, plans new sukuk in 2022 

* Kuwait's Advanced Technology Q2 Profit Rises 

* Kuwait's National Investments Posts Q2 Profit 

* Kuwait's Amar Finance And Leasing Posts Q2 Profit 

* KIPCO Board Approves To Increase Share Capital 

* Gulf Franchising Holding Q2 Loss Narrows 

* Kuwait International Bank Posts Q2 Profit 

* Kuwait's Salhia Real Estate Q2 Profit Falls 

BAHRAIN

* Bahrain's Ahli United Bank Q2 Profit Rises

(Compiled by Dubai newsroom) ((dubai.newsroom@thomsonreuters.com))


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