|19 May, 2019

Mideast Stocks - Factors to watch on May 19

Banks propel Saudi, lender FAB drags Abu Dhabi

Investors speak in front of a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014. Image used for illustrative purpose.

Investors speak in front of a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014. Image used for illustrative purpose.

REUTERS/Stringer

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- Fresh trade uncertainty rattles stocks, hits yuan

* PRECIOUS- Gold slides to two-week low, faces biggest weekly loss in a month 

* Oil slips but ends week higher on Mideast supply disruption fears

* MIDEAST STOCKS- Banks propel Saudi, lender FAB drags Abu Dhabi 

* U.S. issues warning on airspace near Gulf as Iran tensions simmer 

* Frontline raised security levels on tankers in Middle East 

* Exxon Mobil evacuates foreign staff out of Iraqi oilfield - sources

* There will be no war as we don't want war, and no one can confront Iran - Zarif 

* Iran changes tactics, destinations on oil exports, maritime official says 

* Iraq's southern oil exports at 3.5 mln bpd so far in May, official says 

* Trump tells aides he does not want U.S. war with Iran 

* London marine insurers widen Middle East threat zone after ship attacks 

* UK advises British-Iranian nationals not to travel to Iran 

* Lebanese labour union, fearing budget cuts, warns of big strikes

* Turkish banks need to protect lira, says banking watchdog 

* Turkey abandons plan to transfer central bank's legal reserves to budget 

* Turkish central bank net international reserves at $26.66 bln as of May 10 

* Iraq has contingency plans in case Iran gas imports halted -minister 

* Iraq's 150k bpd Kerbala refinery to start operating in 2022 -oil minister 

* Turkish end-2019 CPI seen at 16.68 pct - central bank survey 

* UK raises threat level to personnel in Iraq due to Iran risk - Sky news 

* Libya's AGOCO restores 2,900 bpd output at abandoned well in Messla 

* Turkish lira slightly weaker after U.S. trade moves

* Turkey says U.S. scrapping trade deal contradicts goals 

* Lebanese budget deficit will be below 9% of GDP -finance minister 

SAUDI ARABIA

* Saudi's Falih says oil stocks still building, but OPEC to act if needed 

* IMF expects Saudi fiscal deficit to reach 7% of GDP this year 

* Saudi British Bank Shareholders Approve Proposed Merger Of SABB And Alawwal Bank 

* ALAWWAL BANK ANNOUNCES THE COMMENCEMENT OF THE CREDITOR OBJECTION PERIOD IN 

* Alawwal Bank Shareholders Accept Offer By SABB In Connection With Proposed Merger

* Saudi's Gasco Board Proposes 2019 Quarterly and Exceptional Dividend

* Saudi Arabia accuses Iran of ordering drone attack on oil pipeline 

UNITED ARAB EMIRATES

* UAE calls for Arab unity at "critical" time after tanker attacks 

* UAE energy min says oil stocks building up, OPEC job not done

* UAE, keen to maintain safe-haven image, tempers tanker attack response

* FAB Says Seeking Clarifications From MSCI On Limiting Free Float At 25% On MSCI EM Index

* Dana Gas Announces ‍Inclusion in MSCI Emerging Markets Small Cap Index? 

* Marka Shareholders Approve Discontinuity Of Company 

* UAE's SHUAA Capital Posts Q1 Loss

QATAR

* Fitch Says Pressure On Qatari Banks Shifts To Asset Quality From Liquidity 

OMAN

* Oman's Al Madina Investments Board Decides To Close Co's Brokerage License

KUWAIT

* Kuwait International Bank Receives CMA Approval To Issue Upto $300 Mln Sukuk 

* First Investment Sells Shares In An Investment In Saudi For 3.3 Mln Dinars 

EGYPT

* IMF staff agrees to disburse final $2 bln tranche of Egypt loan 

* Egypt's Qalaa Holdings Posts Q4 Consol Profit 

(Reporting By Dubai Newsroom) ((Dubai.Newsroom@thomsonreuters.com))

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