Mideast Stocks: Factors to watch on December 1

Asian shares bounce from year low but Omicron, Fed in focus

  
An investor walks through the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

An investor walks through the Dubai Financial Market in Dubai, United Arab Emirates, January 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 shares bounce from year low but Omicron, Fed in focus 

* Oil rises 1% ahead of OPEC meeting under Omicron cloud

* PRECIOUS-Gold hovers near 1-month low on Fed chair's hawkish comments 

* MIDEAST STOCKS-Most Gulf bourses tumble on vaccine efficacy concerns

* Officials offer vaccine reassurance; WHO advises against travel bans 

* Saudi-led coalition destroys Houthi explosive-laden boat - state TV 

* OPEC+ begins two days of talks amid oil rout 

* POLL-Oil bound for gains as OPEC+ guards supply, but virus threat looms 

* Despite crisis, Lebanese free to travel to UAE -Emirati official 

* Saudi opens consular section of Kabul embassy as of Tuesday - state news agency

EGYPT

* Canada to ban travelers from Nigeria, Malawi and Egypt amid Omicron concerns - Toronto Star 

* Atlas For Investment & Food Industries Nine-Month Consol Loss Widens

SAUDI ARABIA

* Pakistan expects $3 billion reserves deposit from Saudi in days 

* Saipem wins $750 million contract in Saudi Arabia 

* Fawaz Abdulaziz Alhokair Signs Master Franchise Agreements With Subway And Lebanese Patisserie, Secrets 

* Saudi's Maharah Says Unit Signs MoU To Aquire Stake In Salis For Trading And Marketing 

UNITED ARAB EMIRATES

* UAE to sign major deals during French president's visit - Emirati official 

* UAE to send delegation to Iran soon, senior Emirati official says 

* MEDIA-Dubai’s $25 billion state utility picks banks for record IPO - Bloomberg News

KUWAIT

* Leonardo to deliver 2 Eurofighters jets to Kuwait in December - jr minister 

QATAR

* Qatar Airways CEO says Airbus should admit to A350 surface flaw

* EXCLUSIVE-Vingroup tapping global investors for car unit's $1 bln funding - sources 

* Qatar Airways To Launch Flights To Tashkent From January 17, 2022 

OMAN

* Oman crude OSP fall to $80.26/bbl for January 

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


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