|23 December, 2019

Mideast Stocks: Factors to watch on December 23

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

Traders react during the opening of the Dubai stock market June 26, 2016. Image used for illustrative purpose.

Traders react during the opening of the Dubai stock market June 26, 2016. Image used for illustrative purpose.

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 shares hold near 18-mth highs in holiday lead-up 

* Oil declines, but losses limited as U.S.-China near trade deal 

* MIDEAST STOCKS-Petrochemicals lift Saudi shares, Qatar rises on banks 

* PRECIOUS-Gold holds steady in holiday-thinned trading 

* Syrian air defense intercepts missiles from Israel -state media 

* Eastern Libyan force warns against transporting military equipment in civilian planes 

* Egypt's ex-military chief-of-staff released after near two-year detention 

* Erdogan says Turkey will increase military support to Libya if necessary 

* U.S. sanctions against Iran are a "reckless addiction"- Iran foreign minister 

* Egypt to begin gas imports from Israel by mid-Jan 2020 

* Christmas in Lebanon not so merry as economic crisis bites 

* At least 25,000 people fled Syria's Idlib to Turkey over two days -media 

EGYPT

* Jordan's Arab Electrical Industries To Sell Entire Stake In Egyptian Unit

* Egypt's EIPICO Buys 9.77% Stake In Medical Union Pharmaceuticals 

* Arab Dairy Board Approves Sale Of Land, Buildings In Qalyubia To Corplease 

* EFG Hermes, GB Auto To Acquire Majority Stake In Tokio Marine Egypt Family Takaful

* Al Ezz Dekheila Steel Posts 9-Month Standalone Loss 

SAUDI ARABIA

* Saudi Industrial Investment Group Board Proposes H2 Dividend 

* Saudi Vitrified Clay Pipe Board Proposes H2 Dividend 

* Al Maather REIT Fund Says Osool & Bakheet Investment Signed MoU With Al-Roqi National Schools 

* Wafrah For Industry And Development Board Proposes Capital Decrease

UNITED ARAB EMIRATES

* UAE's Brooge Petroleum to start trading on Nasdaq on Monday 

* Bank Of New York Mellon Opens New Office In The Abu Dhabi Global Market 

* ADNOC Distribution To Appoint Ahmed Al Shamsi As Acting CEO

* UAE's Tabreed Increases Stake In Saudi Tabreed To 28%

KUWAIT

* Kuwait hopes to resolve Neutral Zone oil issue with Saudi Arabia by year end

OMAN

* Galfar Engineering Received Letter Of Intent For Construction Of Recharge Dams

BAHRAIN

* Bahrain's GFH Appoints Hamed Al Khalifa As CEO Of GFH Properties

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

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