Mideast factors to watch on December 5

Gold rises 1% as virus jitters, lower yields lift demand 

  
Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

REUTERS/Christopher Pike

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-Stocks, yields slide after U.S. jobs report as Omicron looms 

* Oil rises as OPEC+ poised to act if demand weakens 

* PRECIOUS-Gold rises 1% as virus jitters, lower yields lift demand 

* MIDEAST STOCKS-Oil buoys Saudi, Qatar stocks; OPEC+ decision in focus 

* In Khashoggi's shadow, Macron holds Saudi talks with crown prince

* IMF chief says Omicron could dent global economic growth 

* Iran abandoned any compromises in latest nuclear talks - U.S. 

* OPEC will continue with supply adjustments for oil market, chief says

* Cementing ties with France, UAE places $19 bln order for warplanes, helicopters

EGYPT

* Egypt aims to quadruple textile output to 50.7 mln meters a year 

* Egypt's LNG exports at full capacity after gas price surge- minister 

* Snam buys stake in 'Peace Gas Pipeline' between Israel and Egypt 

* Egypt to auction $1 bln of one-year dollar T-bills on Dec. 6, says c.bank 

* REUTERS NEXT-Innovative financing can help unlock promises at Egypt's COP27 - minister

SAUDI ARABIA

* Saudi Arabia and France say Lebanon must enact comprehensive reforms 

* Saudi Aramco signs five agreements with French firms, including Gaussin 

* Saudi's SAMI forms components joint venture with Figeac Aero 

* Saudi airline Flynas signs agreement worth $4 bln with CFM - statement 

* Saudi Arabian Airlines signs deal with CFM International worth $8.5 bln 

* Pakistan receives $3 billion loan from Saudi Arabia 

UNITED ARAB EMIRATES

* Engie And Masdar Form A $5 Bln Alliance To Support Green Hydrogen Economy In United Arab Emirates

* UAE Borouge signs $1.5 bln partnership agreement with France's Technip

* Dubai's DP World pulls out of Haifa port privatisation bid

* France/Abu Dhabi: 4 bln euros contract between Mubadala/BPI France and new Louvre deal 

* Dassault Aviation: Acquisition Of 80 Rafale F4 By United Arab Emirates 

KUWAIT

* Gulf Cable And Electrical Industries Board Approves To Buy 25.516% Stake In HEISCO 

* Jazeera Airways Launch [es First Ever Route Between Kazakhstan And Kuwait 

* Kuwait And Gulf Link Transport Unit Signs Agreement To Renew, Increase Banking Facilities

BAHRAIN

* Alba Board Approves Offtake Agreement With South32 For Supply Of Alumina

OMAN

* Oman oil, condensate output up 1% to 293.2 mln barrels by end Oct 

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


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