Mideast Stocks: Factors to watch on November 9

Brent crude tops $40/bbl after Biden clinches U.S. presidency

  
Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Clocks showing the time in different cities of the world 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 Monday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Biden win pumps up risk assets, dollar nurses losses 

* Brent crude tops $40/bbl after Biden clinches U.S. presidency 

* MIDEAST STOCKS-Most Gulf markets rise; Abu Dhabi eases 

* PRECIOUS-Gold firms as Biden victory dents dollar, raises stimulus hopes 

* Biden plans for White House as Trump plans rallies to protest his election loss 

* OPEC would miss 'friend Trump', wary of strains under Biden, sources say 

* Iran's Rouhani says next U.S. administration should make up for Trump's mistakes 

* Loved or hated, Trump stamped his face on the Mideast conflict 

* Palestinians congratulate Biden, indicate end to boycott of U.S. 

* Israel's Netanyahu congratulates Biden on U.S. election win, thanks Trump 

* Lebanon's Bassil rejects US sanctions as unjust and politically motivated

EGYPT

* French minister, in Cairo, affirms respect for Islam in dispute over cartoons

* Vodafone Egypt to finance $540 mln of Egypt bandwidth internally

SAUDI ARABIA

* Saudi Arabia finally congratulates Biden on his win

UNITED ARAB EMIRATES

* Abu Dhabi's Etihad announces departure of several senior execs 

* Arabtec names Mubadala advisor as interim CFO for liquidation process - sources

* MOVES-ADIA hires another AI specialist as it boosts quantitative research team

* MEDIA-Abu Dhabi wealth fund culls Japan team, seeking new growth areas - Bloomberg News

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


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