Mideast Stocks - Factors to watch on April 25

Q1 earnings boost most Gulf markets; Egypt retreats

  
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 Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Strong data lifts stocks after tax scare; oil gains

* Oil edges higher as recovery support countered by Asia virus surge 

* PRECIOUS-Palladium extends record run, gold dips on strong U.S. data 

* MIDEAST STOCKS-Q1 earnings boost most Gulf markets; Egypt retreats 

* OPEC urges members to lobby against U.S. NOPEC bill and outline risks 

* At least 27 dead in fire at Baghdad hospital for COVID patients- medical sources 

* Iran's Al-Alam TV says tanker hit near Syrian city of Baniyas was Iranian 

* Iran to bar travellers from India over COVID-19 variant, officials say 

* Scuffles in Jerusalem after Israeli-Palestinian Ramadan night clashes 

* Sudan says Ethiopia rejected invitation for dam summit 

* Maroc Telecom first-quarter profit falls 7.7% 

EGYPT

* Egypt's GASC says seeking vegoils for arrival June 26-July 10 

* Insurer for Suez grounded ship appeals detention by Egypt 

* Egypt allocates 1.074 mln feddans of land for rice in 2021 season 

* Egypt and Russia agree to resume all flights, including to resorts - statement 

* Egypt raises domestic fuel prices for first time since subsidy reform 

SAUDI ARABIA

* Saudi Arabia sees over $200 bln in savings from energy reforms plan - FinMin 

* Saudi-led coalition destroys Houthi explosives-laden drone - state TV 

* Yemen's Houthis claim attack on Saudi oil facility, air base 

* Saudi Arabia to join new forum on climate change - state news agency 

* Saudi Arabia bans Lebanese produce over drug smuggling

UNITED ARAB EMIRATES

* UAE suspends all flights from India due to COVID-19 surge 

* Etihad Airways to stop operating Boeing 777-300ER jets this year 

* Dubai's DP World says near-term trading environment positive 

BAHRAIN

* Bahrain King appoints Chairman of NOGA -state news agency 

* Israel, Bahrain to let people with COVID shots travel between countries 

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


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