Mideast Stocks: Factors to watch on June 30

Asian shares rise after consumer confidence boosts Nasdaq to record high

  
An investor is seen at the Dubai International Financial Market, in Dubai, UAE April,16, 2018.

An investor is seen at the Dubai International Financial Market, in Dubai, UAE April,16, 2018.

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-Asian shares rise after consumer confidence boosts Nasdaq to record high  

* Oil prices climb for second day after U.S. stockpiles fall  

* PRECIOUS-Gold set for biggest monthly drop since 2016 

* MIDEAST STOCKS-Shares in tourism-reliant Dubai at 3-week low on COVID jitters  

* Sudan approved for debt relief, $2.5 billion funding by IMF  

* OPEC bullish on oil market recovery; virus variants pose risk  

* Lebanon raises fuel prices in bid to ease shortages  

* Turkey economy to grow 5.5% in 2021 with tourism boost, EBRD says 

* Inaugurating embassy in UAE, Israel tells region: "We're here to stay" 

EGYPT

* Egypt's current account deficit widens to $5.7 bln in Jan-March  

* Egypt expected to launch IPO programme in September -regulator  

SAUDI ARABIA

* Saudi Arabia plans new national airline as it diversifies from oil  

* SRC signs accord with Arab National Bank to buy housing finance portfolio  

* Saudi Aramco seeks financing advisor for gas pipeline deal -sources  

* Saudi Telecom Co gets approval for planned IPO of unit  

UNITED ARAB EMIRATES

* BRIEF-ADNOC and Reliance plan chemical project partnership -Adnoc Statement  

* Dubai's Emaar Properties secures $500 million via Islamic bonds  

* Mubadala-owned Yahsat's IPO book fully covered -sources  

* JPMorgan sets up legal entity in Abu Dhabi's ADGM 

* BRIEF-Agthia Group Says SCA Approves Increase Of Share Capital Of Agthia Group 

QATAR

* Qatar's Ahli Bank sells $500 mln of 5-year senior bonds 

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


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