Mideast Stocks: Factors to watch on July 29

Chinese stocks in tentative bounce, Fed in no hurry to taper

  
An investor arrives at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

An investor arrives at 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 Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Chinese stocks in tentative bounce, Fed in no hurry to taper  

* Oil edges higher on inventory drawdowns, Brent tops $75 a barrel  

* PRECIOUS-Gold climbs as Fed chief stays dovish, dollar softens  

* MIDEAST STOCKS-Most Gulf bourses gain on corporate earnings boost  

* Tunisian Islamists move to ease tensions, unions demand roadmap 

EGYPT

* Egypt transport start up Swvl to list on Nasdaq after Queen's Gambit merger  

* Egypt's Delta Sugar H1 Profit Rises  

* EGX Says Banader Investment Sells Entire Stake In Sharkia National Co For Food Security 

* Egypt's Extracted Oil And Derivatives FY Profit Falls 

SAUDI ARABIA

* Saudi Paper Manufacturing Quarterly Profit Rises

* Saudi Arabia's oil exports climb 147% to $16 bln in May

* Saudi Oil Exports Value Increase By 146.7% In May - Official Data 

* Saudi Investment Bank Qtrly Profit Rises 

UNITED ARAB EMIRATES

* Bank Of Sharjah Posts Qtrly Loss 

* Abu Dhabi Islamic Bank Qtrly Profit Rises 

* Commercial Bank Of Dubai Q2 Group Profit Rises

* TABLE-UAE's Fujairah oil inventory data for week ended July 26

* DP World Qtrly Gross Container Volumes Up 17.6%

* UAE's biggest lender FAB posts 19% jump in Q2 net profit 

* UAE's top banks post strong Q2 net profit amid recovery from pandemic

QATAR

* Ooredoo Group Posts Q2 Loss 

* UDC Qatar Profit Rises 

* Commercial Bank Recommends To Hold EGM To Increase Foreign Ownership To 100%

KUWAIT

* Kuwait Reinsurance Q2 Profit Rises 

* Kuwait Petroleum seeks LNG cargo for August delivery - sources

* Kuwait's Gulf Bank Qtrly Profit Rises 

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


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