Mideast Stock - Factors to watch on May 16

Egypt rises; most other Gulf markets closed for Eid holidays 

  

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-U.S. stocks surge in recovery; dollar, bond yields dip

* Oil prices jump as major U.S. fuel pipeline restarts but COVID concerns cap gains

* PRECIOUS-Gold rises as weak U.S. retail sales hurt dollar, Treasury yields

* MIDEAST STOCKS-Egypt rises; most other Gulf markets closed for Eid holidays 

* Israel destroys Gaza tower housing AP and Al Jazeera offices 

* Gaza conflict rages as Israeli PM says air strikes will continue 

* Turkey to emerge cautiously from COVID lockdown, Erdogan says 

* Two main contenders sign up for Iran's presidential election

* Tunisia's economy shrank 3% in the first quarter of 2021 

EGYPT

* Suez Canal starts dredging work to extend double lane 

* Egypt's road building drive eases jams but leaves some unhappy

SAUDI ARABIA

* Saudi releases Bin Laden construction tycoon detained in 2017 corruption sweep 

* Coalition says it intercepted Houthi missile and drone attack on Saudi targets

UNITED ARAB EMIRATES

* UAE airlines Etihad, flydubai cancel Tel Aviv flights 

* UAE attracts foreign investments of $20 billion in 2020 

QATAR

* LNG shipments from Qatar to UAE to resume, signalling improving ties 

* EXCLUSIVE-Qatar pivots to LNG-hungry China in strategy shift 

BAHRAIN

* Bahrain authorizes emergency use of one-shot Sputnik-Light COVID-19 vaccine 

* Bahrain cenbank, Bank ABC, J.P. Morgan announce digital currency settlement collaboration 

OMAN

* Oman ends coronavirus night curfew, orders overnight trading ban 

* BRIEF-Omantel Signs Agreement To Sell Tower Infrastructure In Oman To Helios Towers 

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

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