Mideast Stocks: Factors to watch on July 22

Euro stands tall as investors bet recovery hampers dollar, stocks up

  
Investors are seen at the Dubai International Financial Market in Dubai, UAE February 7, 2018. Image used for illustrative purpose.

Investors are seen at the Dubai International Financial Market in Dubai, UAE February 7, 2018. Image used for illustrative purpose.

REUTERS/Satish Kumar

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Euro stands tall as investors bet recovery hampers dollar, stocks up 

* Oil prices fall on U.S. inventory build, increasing pandemic fears 

* MIDEAST STOCKS-Emirates NBD Bank leads Dubai higher; Egypt extends gains 

* PRECIOUS-Gold sprints to nine-year peak on softer dollar, stimulus bets 

* Iran hits record 229 deaths from coronavirus in past 24 hours - health ministry 

* Iraq PM says won't allow threats to Iran from Iraqi soil

* Iraq increases oil exports in July, still pumps above OPEC+ target 

* Lebanon to hire Alvarez & Marsal to audit central bank amid crisis 

* Lebanon's turmoil fuels brain drain 

* Algeria's Skikda LNG plant resumes production after maintenance 

* Bashir trial for 1989 coup adjourned as crowds jostle outside court 

* Erdogan says Turkey will remain in Syria "until Syrian people are free" 

* Jordan buys 60,000 tonnes wheat in tender –trade 

EGYPT

* Egypt's army says it foiled 'terrorist' attack in northern Sinai 

* Ethiopia, Egypt and Sudan to hold more talks on Renaissance dam

* POLL-Egypt's economic growth seen slowing in 2020/21 

* Egypt's GASC buys 115,000 tonnes of Ukrainian wheat in tender 

* Egypt aims to produce over 2.9 million tonnes of white rice this season - official 

* Lender ITFC plans more funds for Egypt's grain buyer 

* BRIEF-Banque Misr Raises Stake In CI Capital Holding To 10.16% 

* BRIEF-EGX Says Saudi Egyptian For Industrial Investments Reduces Stake In Arabia Cotton Ginning 

SAUDI ARABIA

* Saudi king chairs cabinet meeting from hospital, in stable condition 

* Saudi SAGO to purchase wheat from farmers if they choose to grow wheat 

* BRIEF-Moody's Says Saudi Arabia's Profile Reflects Robust But Weakening Balance Sheet

* BRIEF-Tata Communications Secures Local Telecom License In Kingdom Of Saudi Arabia

UNITED ARAB EMIRATES

* Trump, Abu Dhabi crown prince discuss Libya in phone call 

* UAE's EDGE to buy Lockheed stake in military maintenance company

* Yas Holding looks to buy part of NMC's distribution business - sources 

* BRIEF-UAE's Etisalat Q2 Profit Rises 

* BRIEF-UAE's Etisalat Board Says 15 Fils/Share Q2 Dividend 

* BRIEF-Dubai International Financial Centre And Dubai FDI To Jointly Stimulate Foreign Investment 

QATAR

* Qatar allows citizens and permanent residents to travel and return anytime 

* Qatar Investment Authority takes stake in vaccine-maker CureVac 

* BRIEF-Qatari Investors Group H1 Profit Falls 

BAHRAIN

* BRIEF-Al Salam Bank Partners With Bahrain Bourse, Central Bank On New Sharia-Compliant Asset-Trading Framework

OMAN

* Oman may issue bonds this year or require aid from neighbours, IMF as fiscal gap widens - MUFG

* Oman's advisory Shura Council proposes linking VAT to growth

* Oman to impose curfew, travel bans for Eid holiday due to coronavirus

* BRIEF-Oman Arab Bank Q2 Profit Falls

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


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