Mideast Stocks: Factors to watch on March 10

Asian stocks bounce off 2-month low as bonds, China markets steady

  
Investors speak in the lobby of the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

Investors speak in the lobby of the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

REUTERS/Christopher Pike

DUBAI  - Here are some factors that may affect Middle East stock markets on Wednesday Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian stocks bounce off 2-month low as bonds, China markets steady  

* Oil prices edge up ahead of U.S. inventories data  

* MIDEAST STOCKS-Oil buoys Saudi shares; top lender trips Abu Dhabi 

* PRECIOUS-Gold falls back as U.S. yields, dollar advance  

* Sudan launches vaccination roll-out for medical workers  

* At least 39 die as two migrant boats sink off Tunisia  

* Brother-in-law of Tunisia's ousted president gets 10 years for corruption  

* Protests, roadblocks persist in Lebanon despite president's call  

* Libya PM addresses parliament as government vote looms  

* Libya's NOC signs contract to establish Oil Center for Maintenance and Services with Italy's Saipem  

* U.S. sanctions complicate Syria's return to Arab fold, UAE minister says  

* U.S. State Dept blacklists two Iranian officials over human rights violations 

* Israel, Cyprus agree framework for settling offshore gas dispute  

* Israel's Bank Leumi posts Q4 net profit rise, lower deferments  

* Hungarian, Czech premiers to meet Israeli PM on pandemic strategy 

* Israel's Mizrahi Tefahot Bank Q4 profit up on acquisition of rival  

EGYPT

* Egypt's strategic wheat reserves sufficient for four months - supply ministry  

* Croatian energy firm INA to buy new concession in Egypt 

* Shell to sell Egypt onshore assets for up to $926 mln 

* Subsea pipeline could double Israeli gas exports to Egypt -minister  

SAUDI ARABIA

* Saudi Real Estate Refinance Co launches 4 bln riyal Islamic bonds, plans dollar issue  

* Britain's B&Q owner to build Middle East business with Al-Futtaim  

* Saudi crown prince meets Russian special envoy for Syrian settlement- SPA 

* Lucid, long before SPAC, promised to build Saudi auto plant - WSJ  

UNITED ARAB EMIRATES

* United Arab Emirates attracts corporate billions to climb tax-haven ranking 

* Pandemic to stall UAE banks' recovery in early 2021 - A&M  

* UAE licenses second unit of Barakah nuclear power plant 

* Dubai to extend freeze on state fees until 2023, crown prince says 

* CVC Capital plans Dubai office, Mideast hires in hunt for deals - Bloomberg News 

OMAN

* Oman to cut income tax on SMEs, offer investors long-term residency  

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


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