Mideast Stocks: Factors to watch on June 22

Stocks bounce from 4-week lows, dollar pulls back

  
Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

REUTERS/Abdel Hadi Ramahi

DUBAI - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Stocks bounce from 4-week lows, dollar pulls back  

* Oil falls but sentiment stays strong on demand recovery hopes 

* PRECIOUS-Gold ticks up on subdued dollar ahead of Fed chief's testimony  

* MIDEAST STOCKS-Most major Gulf bourses in red; Egypt outperforms  

* Iran's Raisi backs nuclear talks, rules out meeting Biden 

* Israel allows some Gaza exports, Hamas demands more amid fragile truce 

* End of Yemen quagmire Saudi-led coalition, Houthis near peace deal  

* Qatar receives new Saudi ambassador as the two mend relations  

* Dubai's Latifa appears to have degree of freedom, says lawyer for campaign group 

* End of Yemen quagmire Saudi-led coalition, Houthis near peace deal  

* China cuts second batch of crude oil import quotas for private refiners - document, sources  

* Israel allows some Gaza exports, Hamas demands more amid fragile truce 

* Israeli foreign minister to pay first visit to UAE next week -statement  

* Gulf states will take at least 10 years to end oil dependence  

* Jordan ex-royal court chief pleads not guilty to destabilising monarchy 

EGYPT

* Maersk VC co-leads funding round in Egyptian start-up Trella

* Edita Food Announces Acquisition Of A New Bakery Production Line 

* Egyptian TikTok influencer to appeal 10-year trafficking sentence 

SAUDI ARABIA

* Saudi's CMA Approves Offering Shares Of Burgerizzr In Parallel Market 

* Arabian Aramco Total Services Announces Partial Redemption Of Sukuk 

* Saudi minister discussed Iran's nuclear program with IAEA chief -ministry

UNITED ARAB EMIRATES

* Abu Dhabi's Mubadala to offer up to 40% of satellite firm in IPO 

* Dubai fund was seller of Abu Dhabi Commercial Bank shares -sources 

* Moody's assigns first time Aa2 rating to ADQ, stable outlook 

QATAR

* Soccer-Qatar says only vaccinated fans allowed at World Cup 2022 

KUWAIT

* Kuwait Finance House hires banks for dollar AT1 Islamic bonds - document 

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


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