Mideast Stocks: Factors to watch on November 10

Stocks stalled as oil fuels inflation nerves

  
An Emirates NBD counter is seen as traders monitor stocks at the Dubai Financial Market at Dubai World Trade Center, February 2, 2012. Image for illustrative purposes.

An Emirates NBD counter is seen as traders monitor stocks at the Dubai Financial Market at Dubai World Trade Center, February 2, 2012. Image for illustrative purposes.

REUTERS/Mohamed Al-Sayaghi

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-Stocks stalled as oil fuels inflation nerves  

* Oil climbs on surprise U.S. crude stocks decline 

* PRECIOUS-Gold eases off 2-month peak as dollar rises  

* MIDEAST STOCKS-Dubai bourse gains on property shares; Saudi retreats 

EGYPT

* Orascom Development's debt portfolio worth $500 mln - exec to CNBC Arabia  

SAUDI ARABIA

* Saudi Arabia gets $3.25 billion with year's third international bond sale  

* Saudi Tadawul Group Increases Size of Individual Subscribers offering 

UNITED ARAB EMIRATES

* Abu Dhabi's TAQA Q3 Profit Rises  

* U.S. concerned by UAE foreign minister's meeting with Syria's Assad 

* Mashreqbank agrees to pay $100 mln to resolve US probe into Sudan sanctions violations 

* Union Properties Shareholders Do Not Ratify FY 2020 Auditors' Report  

* Mashreqbank Posts Qtrly Profit  

* UAE approves issuance of a trial license for fractional sukuk project -Dubai media office  

* Abu Dhabi's stock exchange submits SPAC framework proposal -statement  

* UAE allows federal entities to establish development funds -state news agency  

QATAR

* Qatar Petroleum raises crude prices in December  

KUWAIT

* Gulf's Kuwait Airways in talks with Airbus to amend 2014 aircraft order 

BAHRAIN

* UAE, Bahrain to establish joint investment fund 

OMAN

* Oman to cap motor fuel prices at October rates until end of 2022  

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


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