Mideast Stocks: Factors to watch on July 18

Saudi index gains on petrochemicals boost; other major markets ease

  

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 slide, bond yields dip as inflation worries linger 

* Oil falls for the week on supply concerns, rising COVID cases

* PRECIOUS-Gold retreats from one-month peak as dollar strengthens 

* MIDEAST STOCKS-Saudi index gains on petrochemicals boost; other major markets ease

* OPEC+ plans new output policy meeting on Sunday, sources say

* U.S. accuses Iran of trying to deflect blame for nuclear talks impasse

* Lebanon spins further into crisis as Hariri abandons bid to form government

* Afghan politicians, Taliban meet in Doha as fighting continues 

* Biden to host Iraq's prime minister at White House on July 26 

* Syria's Assad says funds frozen in Lebanese banks biggest impediment to investment

* Lebanon's army chief says situation worsening, urges need for chaos prevention

* Middle East Crude-Benchmarks dip; Surgut offers ESPO

* OPEC sees world oil demand reaching pre-pandemic level in 2022

SAUDI ARABIA

* Saudi PIF buys into McLaren as part of 550 mln pound equity raise 

* Saudi shops can stay open during prayer times -business group circular 

* Fitch lifts Saudi Arabia's outlook to stable on higher oil prices

* Saudi finance ministry pays 73 bln riyals of private sector dues in H1 2021

UNITED ARAB EMIRATES

* Russia's VTB says Abu Dhabi's ADIA now holds 1.2% voting stake in the bank

* Intel in talks to buy GlobalFoundries for about $30 billion - WSJ 

* MEDIA-Mubadala seeks over $20 billion value for EGA in IPO 

* Central Bank Of UAE Has Not Renewed License Of General Insurance Corp Of India Dubai Branch 

QATAR

* Qatar's Al Khalij Commercial Bank H1 Profit Rises 

KUWAIT

* S&P cuts Kuwait rating on lack of deficit-financing strategy 

OMAN

* Oman lifts entry ban on Singapore and Brunei - civil aviation authority 

* Oman logistics group Asyad looks abroad for possible expansion 

* Oman's port of Duqm launches tender to select operator for new container terminal

* National Bank Of Oman H1 Profit Rises

BAHRAIN

* Bahrain working with ICAO on technical arrangements for regional air traffic safety -statement

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


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