Mideast Stocks: Factors to watch on May 18

Major Gulf markets gain as financials rise; Qatar falls

  
An investor is seen at the Dubai International Financial Market, in Dubai, UAE April,16, 2018.

An investor is seen at the Dubai International Financial Market, in Dubai, UAE April,16, 2018.

REUTERS/Satish Kumar

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-Asian shares push higher, dollar eases 

* Oil extends gains on optimism over U.S., European reopenings 

* PRECIOUS-Gold extends rally as dollar weakness, inflation jitters lift appeal

* MIDEAST STOCKS-Major Gulf markets gain as financials rise; Qatar falls

* Israel-Gaza violence shows few signs of slowing as global diplomacy ramps up 

* U.S. will grant Tunisia $500 million in aid- Tunisian minister 

* COVID and conflict: Gaza's hospitals strained on two fronts 

* Iran's Petropars to develop Farzad B gas field, Oil minister says 

* Algeria tenders to buy nominal 50,000 tonnes milling wheat - trader 

* Sudan clears final hurdle for debt relief at Paris conference

* Sudan accepts resignation of public prosecutor, relieves judiciary head 

* UNIFIL says the situation in southern Lebanon is now calm -tweet 

EGYPT

* Egypt has procured 2.5 mln tonnes of local wheat this season - cabinet 

SAUDI ARABIA

* Saudi sovereign fund PIF boosts U.S. equities exposure to over $15 bln 

* Saudi Arabia's March crude exports fall to 9-month low 

* Saudi Arabia to reopen to foreign tourists soon, official says 

* Saudia Airlines eyes return to profitability by 2024, CEO says 

UNITED ARAB EMIRATES

* Emirates could swap Boeing 777X jets for smaller Dreamliners, chairman says 

* Dubai ruler dissolves tribunal for settling disputes with home lenders 

* Dubai eases COVID-19 restrictions, allows full hotel capacity 

* Abu Dhabi's ADNOC in early talks with investors ahead of drilling unit IPO-sources 

* Emaar Hospitality to open 12 new hotels as tourism rebounds - The National

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


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