Mideast Stocks: Factors to watch on September 6

Asia shares edge higher on hopes for more stimulus

  
Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Electronic boards showing stock information 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 Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asia shares edge higher on hopes for more stimulus 

* Oil extends losses after deep Saudi price cuts signal demand concerns 

* PRECIOUS-Gold holds near 2-1/2-month high on prospects of Fed taper delay 

* MIDEAST STOCKS-Saudi Telecom aids Saudi bourse; blue-chip selloff dents Egypt 

* Saudi Arabia slashes crude prices to Asia; US, Europe prices steady 

* UAE announces plans to boost economy, attract workers

* After messy pullout, Blinken to intensify Afghanistan diplomacy in Qatar, Germany

* Yemen's Houthi group says it has attacked Aramco facilities

* Libya frees Saadi Gaddafi, son of former leader

* Iraq and Total sign $27 bln energy projects deal 

* Jordan to host energy meeting to discuss gas supplies to Lebanon 

EGYPT

* Marseilia Egyptian Gulf Real Estate Investment Posts Q2 Consol Loss 

* El Sewedy Electric Says Unit Signs EPC Contract To Build Substation In Ghana 

* Alexandria Co For Pharmaceuticals And Chemical Industries Restates FY Profit 

SAUDI ARABIA

* Saudi Telecom's tech unit aims to raise up to $960 million in IPO

* Saudi's CMA Approves Arabia Insurance Cooperative Request To Increase Capital By Rights Issue 

* Dallah Healthcare Obtains Financing From Ministry Of Finance 

UNITED ARAB EMIRATES

* DP World And FESCO To Jointly Study Development Of New Container Berth In Vladivostok 

* MOVES-Goldman hires Citi banker as co-head of investment banking in MENA - sources

* UAE's Julphar Divests 100% Shareholding In Gulf Inject LLC 

* UAE's Yas Holding Completes Acquisition of Gulf Inject LLC

QATAR

* Qatar to operate daily aid flights to Afghanistan

* Qatar's Mekdam Gets Contract For Remote Terminal Unit Upgrade In Kahramaa Primary Substations 

KUWAIT

* Kuwait's National Investments Signs 20 Million Dinars Financing Agreement 

* KIPCO Receives CMA Aproval On Increase Of Capital 

OMAN

* Oman Ceramics Shareholders Approve Company's Liquidation 

* National Biscuit Industries Board Proposes FY Dividend 

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


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