Mideast Stocks: Factors to watch on September 2

Asia stocks in cautious mood, dollar near 1-mth lows

  
Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

REUTERS/Abdel Hadi Ramahi

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-Asia stocks in cautious mood, dollar near 1-mth lows 

* Oil falls after OPEC+ sticks to raising supply amid demand doubts 

* PRECIOUS-Gold little changed as U.S. jobs data looms 

* MIDEAST STOCKS-Dubai index at highest in over 2 years; Saudi dips

* OPEC+ sticks to gradual oil output hikes, ups demand forecast

* White House says it is 'glad' OPEC+ will gradually increase oil production 

* Israel opposes Biden plan to reopen U.S. Palestinian mission in Jerusalem 

* France, Germany urge Iran to return speedily to nuclear deal talks

EGYPT

* Suez Canal on rails' - Egypt signs $4.5 bln high-speed rail deal 

* Egypt's GDP growth at 7.7% in Q4 2020-21 - cabinet 

SAUDI ARABIA

* PREVIEW-Saudi Arabia may cut October crude prices for Asia 

* Saudi Exchange Says Foreigners Buy A Net 2.99 Billion Riyals Of Stocks In August 

UNITED ARAB EMIRATES

* Abu Dhabi's TAQA looks at possible sale of oil, gas assets 

* NMC creditors approve plan to take control of firm's units, end administration 

* Abu Dhabi equities market to launch derivatives offerings in Q4 -statement 

* Board of UAE's Agthia approves acquisition of snacks group BMB 

KUWAIT

* Kuwait's NBK Appoints Mohammad Yousef Bader Al Kharafi As Group Operations Head

* Kuwait's Burgan Bank Obtains CBK Approval On Capital Increase Through Rights Issue 

BAHRAIN

* Investcorp hires global head of institutions

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


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