Mideast Stocks: Factors to watch on June 29

Asia stocks wary as coronavirus threatens economic reopening

  
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 Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asia stocks wary as coronavirus threatens economic reopening 

* Oil prices drop for 2nd straight session as coronavirus spike cools demand hopes

* MIDEAST STOCKS-Saudi up as Samba-NCB surge on merger move; Egypt extends losses 

* PRECIOUS-Gold rises as virus concerns lift safe-haven bid

* Uber's Middle East business Careem sees ride-hailing recovery next year 

* U.S. sanctions, coronavirus make for Iran's toughest year -Rouhani 

EGYPT

* Egypt's Palm Hills Developments Q1 Profit Falls 

* Cairo For Housing And Development Q1 Profit Falls 

* Suez Cement Company Posts Q1 Loss 

* Egyptian Tourah Portland Cement Q1 Loss Widens 

SAUDI ARABIA

* Saudi Arabia raises 8.495 bln riyals in Islamic bonds- finance ministry 

* Saudi FX reserves rise slightly in May 

* Dr Sulaiman Al-Habib Medical Services Group Board Proposes Q1 Dividend 

* Etihad Atheeb Telecommunication FY Loss Widens 

UNITED ARAB EMIRATES

* UAE suspends receiving passengers from Pakistan as of June 29 over COVID fears 

* UAE's ADNOC to cut August crude nominations by 5% -source 

* Union Properties Says In Final Stages Of Comprehensive Debt Restructuring Process 

* Al Fujairah National Insurance Q1 Profit Falls 

OMAN

* Omani Euro Food Says Ministry Of Finance Removed Guarantee On OAB Government Soft Loan

QATAR

* Al Meera Consumer Goods Says Unit Ends Franchise Agreement With WH Smith Travel Limited-Uk 

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

More From Equities