Mideast Stocks: Factors to watch on March 15

World stocks inch up on increasing bets on faster economic recovery

  
An investor uses his mobile phone at the Dubai Financial Market.

An investor uses his mobile phone at the Dubai Financial Market.

REUTERS/Mosab Omar

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-World stocks inch up on increasing bets on faster economic recovery

* Brent crude floats near $70 on demand recovery anticipation 

* MIDEAST STOCKS-Dubai stocks outperform on plans to increase tourism capacity  

* PRECIOUS-Gold rises on inflation worries after U.S. stimulus approval  

* British-Iranian aid worker appears in Iran court for propaganda trial  

* Slow Gulf economic recovery to have long-lasting impact on banks - S&P  

EGYPT

* Egypt says Turkey must lay ground for normalising ties with actions 

* Egypt aims to produce 7.2 billion cubic feet of natural gas per day in 2021/22  

* Egypt's Raya Holding For Financial Investment FY Consol Loss Narrows 

* Shares in Egypt's SODIC jump 7% after stake offer from Aldar  

SAUDI ARABIA

* Mouwasat Medical Services FY Profit Up 25.4%  

* SABIC extends contract with Tristar Group's JV, United Stars  

* Abdullah Al Othaim Markets Board Proposes 3 Riyals/Share H2 Dividend  

UNITED ARAB EMIRATES

* Al Ramz Corporation Seeks Shareholders Approval To Establish Sukuk Program  

* Gulfa General Investments Says Accumulated Losses Stand At AED 9.1 Mln 

* National Investor Says Falcon Investments Acquires 20% Stake In Professional Realtors 

* Wizz Air Abu Dhabi Launches New Routes To Almaty And Nur-Sultan, Kazakhstan- Statement  

* Palms Sports Says CFO Hamdan Ziad Hamdan Resigned 

* Aldar Submits Offer For A Majority Stake In Egypt's SODIC 

QATAR

* Qatari cenbank measures to confront pandemic did not affect financing policies - QNA  

* Tennis-Doha crown puts icing on Basilashvili's Federer triumph  

KUWAIT

* Kuwait Emir departs for Europe after completing medical checks in the U.S. - state news agency  

* Aqar Real Estate Investments Posts Q4 Loss 

* Kuwait's Al-Enmaa Real Estate Q1 Profit Rises  

BAHRAIN

* Bahrain relaxes COVID-19 measures as new cases ease 

OMAN

* Oman blocks audio app Clubhouse citing lack of permit, but some fear censorship 

* Omantel Board Proposes FY Dividend  

* Oman Arab Bank Board Decides To Amend 5% Dividend Proposal To Zero Dividend  

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

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