Mideast Stocks: Factors to watch on January 13

Asian stocks rise, oil churns higher on recovery bets

  
An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

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 stocks rise, oil churns higher on recovery bets 

* Oil prices gain more than 1% after bigger-than-expected inventory draw 

* MIDEAST STOCKS-UAE markets extend winning run; Qatar little changed

* PRECIOUS-Gold rises as rally in U.S. dollar, Treasury yields hits brakes 

* With some Republicans on board, U.S. House Democrats press forward on impeachment vote against Trump 

* Pompeo says Iran gives al Qaeda new 'home base,' analysts skeptical 

* Iran demands sanctions "snapback" removed in any new nuclear talks

* Omani sultan's eldest son to succeed him under new law 

* OPEC+ oil output cuts compliance falls to 75% in Dec -Petro-Logistics 

* Inside Israel’s social media campaign to woo the Middle East 

EGYPT

* Egypt's central bank bans banks from paying dividends to shareholders 

* Egypt follows Gulf allies in reopening airspace to Qatar 

SAUDI ARABIA

* Saudi Arabia puts financing for Riyadh airport expansion on hold - sources

* Saudi Aramco cuts Feb crude supply to some Asian refiners, sources say 

* MEDIA-Saudi Aramco seeks $7.5 bln loan for pipeline investors- Bloomberg News

* Saudi's NADEC Signs MoU To Form Consortium For Joint Bid To Acquire A Flour Mill 

* Saudi Telecom Appoints Group CEO

UNITED ARAB EMIRATES

* Dubai-listed Arabtec to hire deNovo to sell its subsidiary Target -sources 

* AE's IHC Subsidiary Completes Acquisition Of 60% Of AFKAR Financial & Property Investment 

* UAE's FAB issues 1.5 bln yuan five-year bond 

KUWAIT

* ALAFCO Aviation Lease And Finance Secures A Short-Term Financing From Local Bank 

QATAR

* Qatar National Bank profits drop 16% as loan loss provisions rise

BAHRAIN

* MOU to establish an American trade zone in Bahrain -BNA 

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


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