Advertisement
| 12 March, 2018

MIDEAST - Factors to watch - March 12

Here are some factors that may affect Middle East stock markets on Monday.

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 rally as U.S. job data revive risk appetite

Advertisement

* MIDEAST STOCKS-Foreign fund hopes boost Saudi, Emirates NBD soars in Dubai

* Oil prices rise on reduced U.S. drilling activity, booming job market

* PRECIOUS-Gold slips as dollar holds steady

* Lebanon finance minister says budget to be approved Monday

* US warns 'unwise' for Syria to use weaponized gas, slams Russia

EGYPT

* Eni sells 10 pct of Egypt's Shorouk concession to Mubadala Petroleum

* Egypt's GASC says seeking soyoil, sunflower oil in tender

SAUDI ARABIA

* Saudi Arabia keeps April crude oil supplies to 2 Asian buyers steady -sources

* UK officials told that Aramco IPO unlikely until 2019 -FT

* Saudi sets up departments to investigate, prosecute corruption cases

UNITED ARAB EMIRATES

* UAE's ADNOC says awards Italy's Eni stakes in new oil concessions

* UNB CEO expects 7-10 pct profit growth in 2018

* TABLE-UAE bank lending growth accelerates in January

* Emirates NBD plans share capital hike ahead of possible acquisition

KUWAIT

* Kuwait's Boubyan Bank plans capital increase or sukuk in 2019 - CEO

BAHRAIN

* Bahrain's Investcorp to launch $100 mln new fund-statement

OMAN

* Oman's Sohar Aluminium says may feel knock-on effect from U.S. tariffs

* TABLE-Oman inflation falls to lowest level in nearly two years

(Compiled by Dubai newsroom)