Mideast Stocks - Factors to watch on May 17

Top lender FAB boosts Abu Dhabi; Dubai retreats 

  
Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Electronic boards showing stock information 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 Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asia shares left listless by mixed China data 

* Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns 

* PRECIOUS-Gold scales over 3-month high on virus worries, lower U.S. yields 

* MIDEAST STOCKS-Top lender FAB boosts Abu Dhabi; Dubai retreats 

* Blinken discusses Gaza in calls with Qatari, Egyptian, Saudi foreign ministers

* Saudi Arabia lifts quarantine requirement for COVID vaccinated foreign visitors 

* AP's top editor wants investigation into Israeli bombing of its Gaza office 

* Israel air strikes kill 42 Palestinians, rockets fired from Gaza 

* Jordan's king says diplomacy under way to halt Israel's military campaign 

* Muslim states condemn Israel's 'barbaric attacks' against Palestinians

SAUDI ARABIA

* Saudi Arabia pushes for sweeping Sudan debt restructuring 

UNITED ARAB EMIRATES

* Dubai's DAMAC Properties lifts sales but first-quarter loss widens 

* Amlak Finance Posts Q1 Profit 

* SHUAA Capital Sells 20% stake in MIPCO For 217 Mln Dirhams 

* Dubai Islamic Insurance & Reinsurance Says Accumulated Losses 82 Million Dirhams 

* UAE's Union Properties Posts Q1 Profit 

* Dubai's Amanat Holdings Q1 Profit Rises 

QATAR

* Qatar foreign minister, U.S.'s Blinken discuss Gaza - statement 

BAHRAIN

* Gulf Air delays jet deliveries in difficult market 

* Al Salam Bank Bahrain Partners With Ministry Of Housing, Eskan Bank In Danat Al Baraka Project

KUWAIT

* Kuwait's Agility Q1 Profit Rises 

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


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