Mideast Stocks: Factors to watch on August 11

Dollar, U.S. yields gain, Asian shares held back by Delta worries

  
A trader talks on the phone during the opening of the Dubai stock market June 26, 2016. Image for illustrative purpose

A trader talks on the phone during the opening of the Dubai stock market June 26, 2016. Image for illustrative purpose

REUTERS/Ahmed Jadallah

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-Dollar, U.S. yields gain, Asian shares held back by Delta worries

* Oil crawls higher on solid U.S. demand outlook despite Delta surge 

* PRECIOUS-Gold gains on Delta variant concerns ahead of U.S. inflation data 

* MIDEAST STOCKS-Major Gulf bourses ease, banks buoy Saudi index

EGYPT

* Egypt's headline inflation up at 5.4% in July - Reuters 

* Egypt Kuwait Holding Q2 Consol Profit Rises

* UAE real estate firm Sky to invest around $1 bln in Egypt by 2023

* Telecom Egypt posts 88% jump in H1 net profit, revenue up 16% 

SAUDI ARABIA

* Saudi Cabinet approves MoU with Germany in hydrogen field -cabinet 

* Saudi Arabia says assistance to Lebanese depends on serious reforms -Cabinet 

* Lazurde Company For Jewelry Posts Qtrly Profit

* Saudi's ABO Moati For Bookstores Posts Qtrly Profit 

* Banque Bemo Saudi Fransi Q2 Profit Rises 

UNITED ARAB EMIRATES

* UAE's Easylease Q2 Profit Rises

* UAE's TAQA Reports H1 Net Income Of AED 2.9 Bln 

* UAE's Yahsat Q2 Profit Falls

* UAE's Waha Capital Q2 Profit Falls 

* UAE's Finance House H1 Profit Rises 

* UAE's United Arab Bank Says Accumulated Losses Stand At 639.8 Million Dirhams

* Emaar Malls Posts Qtrly Profit

* Adnoc and Fertiglobe to sell blue ammonia to Japan's Idemitsu

* Abu Dhabi's Etihad halves half-year loss to $400 mln

* UAE's Agthia Group Q2 Profit Rises

QATAR

* Investment Holding Group H1 Profit Falls 

* Qatar's Aamal H1 Profit Rises 

BAHRAIN

* Bahrain National Holding Q2 Profit Rises 

KUWAIT

* Kuwait's Mabanee Posts Q2 Profit

* Shamal Az-Zour Al-Oula Power And Water Q2 Profit Rises 

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


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