|12 September, 2019

Mideast Stocks: Factors to watch on September 12

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

An investor looks up at electronic display boards at the Dubai International Financial Market, March 21, 2010. Image for illustrative purposes.

An investor looks up at electronic display boards at the Dubai International Financial Market, March 21, 2010. Image for illustrative purposes.

REUTERS/Ahmed Jadallah

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS- Asian stocks hit six-week high on trade war hopes ahead of ECB

* Oil rises as U.S., China swap concessions in trade war, inventories fall

* PRECIOUS- Gold climbs on rate cut bets; firm equities cap gains

* MIDEAST STOCKS- Saudi stock index slips to 8-month low amid slowing economy

* OPEC+ to discuss deeper oil cuts on Thursday - Iraq minister

* Russia, Saudi agree everyone should implement OPEC+ deal - Ifax cites Novak

* Russia's Novak, Saudi's Prince Abdulaziz did not discuss oil price dynamics - reports

* Russia's Novak says OPEC+ to discuss slowing global oil demand

* OPEC cuts 2020 oil demand forecast, urges effort to avert new glut

* Iran says tanker oil sold at sea, buyer sets destination

* Iran says U.S. should avoid "warmongers" after Bolton departure

* UK has robust arms export controls but will reflect on Saudi ruling - Wallace

* POLL-Turkey's current account seen recording $1.24 bln surplus in July

* FACTBOX-Netanyahu's West Bank pledge alarms Middle Eastern states

* "You will never break our will," Palestinians tell Netanyahu after Jordan Valley annexation pledge

* Lebanon draft 2020 budget deficit lower than 2019's -finance minister

* Jordan's Arab Potash Signs Water Financing And Exploitation Agreement

* Fitch Says Government-Related Entity Debt Is A Significant And Growing Contingent Liability For Some Governments Of Gulf Cooperation Council

* Middle East Crude-Benchmarks edge down, OPEC cuts 2020 oil demand forecast

EGYPT

* Foreign investment in Egypt treasuries hits $20 bln at end of August - minister

SAUDI ARABIA

* Aramco hires nine banks for IPO top roles - sources

* Kingdom Holding Unit Signs MoU To Sell Stake In Care Shield

* Saudi's Tasnee expects higher global petrochemical prices in 2020

* Saudi's Al Sorayai Group Decreases Accumulated Losses To 11.43%

* Mabanee Unit To Award Construction Of Phase One Of Avenues-Riyadh To Nesma & Partners

* Saudi's SALIC appoints new chief executive -statement

UNITED ARAB EMIRATES

* Abu Dhabi's Mubadala, Acwa Power to develop $891 mln water project

* ADNOC CEO and Russia's Novak discuss partnership -statement

* Gulf Marine Services delays results as talks with lender continue

* BUZZ-Gulf Marine Services plunges to record low on delayed HY results

* Abu Dhabi's Masdar, EDF set up energy services company

* UAE's Bank Of Sharjah Issues $600 Million Bond -Document

* Ras Al Khaimah Cement Cancels Deal To Acquire Cement Plant And Quarry

* UAE's Fujairah oil inventory data for week ended Sept. 9

QATAR

* Barwa Real Estate Completes Construction Of Warehouses, Workshops Of Barwa Al Baraha Project

* Qatar's QEWC Unit Says 8 Banks To Finance Umm Al Houl Power Plant Expansion

KUWAIT

* Warba Bank Gets CMA Nod To Issue Private Offering Prospectus For Upto $500 Mln Sukuk

* KFH Board To Discuss Final Shares Exchange Ratio For AUB Acquisition

* Arkan Al Kuwait Real Estate Offers To Buy 51% Stake In A Private Company

BAHRAIN

* AUB Board To Discuss Final Share Exchange Ratio For Acquisition By KFH

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

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