Mideast Stocks: Factors to watch on February 16

Asia sets up global stocks for extended bull run on economic optimism

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asia sets up global stocks for extended bull run on economic optimism  

* Oil prices climb as deep freeze shuts U.S. oil wells, curbs refineries  

* MIDEAST STOCKS-Saudi shares climb on higher crude while Qatar falls  

* PRECIOUS-Platinum extends rally to near 6-1/2-year peak on recovery hopes 

* International companies without headquarters in Saudi 'will have to make a choice' to land government contracts in 2024 -finmin 

* Saudi Arabia won't work with foreign firms without regional HQ from 2024 

* Saudi and Qatari bonds fall as U.S. yields rise 

* Middle East Crude-Benchmarks rise; QP close monthly tenders 

* Gulf expat exodus could continue until 2023, S&P says 

EGYPT

* Egypt's unemployment dipped to 7.2% in Oct-Dec - CAPMAS 

* Egypt plants 3.42 mln feddans of wheat in planting season -official 

* Egypt's GASC seeks vegetable oils in tender on Thursday 

SAUDI ARABIA

* Tadawul Announces Listing And Trading Shares Of Watani Iron Steel On Nomu 

* Bank Aljazira FY Profit Down 96.6% Y/Y 

* Buruj Cooperative Insurance Announces Resignation Of Khalid Saud Alhasan As CEO 

* Saudi's Yansab Says Maintenance Work For Ethylene Glycol Plant Is Still Ongoing

UNITED ARAB EMIRATES

* Gulf Navigation Holding PJSC signs MOU with Greece's ENI for carriers -statement 

* Israel cancels participation in UAE defence expo, citing air travel curbs 

* United Arab Bank FY Net Loss Widens 

* UAE's Tabreed is interested in Dubai airport district cooling deal - CEO 

* 2,025 New Companies Joined Dubai's DMCC In 2020 

* Emirates Insurance FY Profit Falls 

* Abu Dhabi's Aldar sets aside capital for acquisitions locally and in Egypt 

* Dubai airport boss warns tough year ahead after 2020 passenger numbers slide 70% 

* ADNOC Distribution agrees to buy 20 service stations in Saudi Arabia 

* UAE's National Cement Posts FY Loss 

QATAR

* Katara Hospitality and hotels group Accord expand partnership in Qatar

KUWAIT

* Kuwait to give support to suspended business activities - cabinet 

* MENA Real Estate Posts Q3 Loss 

* Kuwait's Human Soft Holding Q4 Profit Rises 

* Kuwait's Al-Maidan Clinic Q3 Profit Rises 

BAHRAIN

* GFH Financial Q4 profit Rises 

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


More From Equities