Mideast Stocks - Factors to watch on August 22

Most major Gulf bourses fall on fed taper, virus fears

  
A woman uses her mobile at Dubai Financial Market in Dubai, United Arab Emirates September 16, 2019.

A woman uses her mobile at Dubai Financial Market in Dubai, United Arab Emirates September 16, 2019.

REUTERS/Christopher Pike

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Delta, Fed dominate economic conversation as stocks jump, oil drops

* Oil posts biggest week of losses in nine months as Delta variant spreads 

* PRECIOUS-Gold battles dollar as virus fears dampen risk appetite 

* MIDEAST STOCKS-Most major Gulf bourses fall on fed taper, virus fears

* U.S., Germany advise against travel to Kabul airport amid evacuation chaos

* Gulf Arabs jittery about Taliban takeover but may seek pragmatic ties 

* Israeli aircraft strike Hamas sites in Gaza after border clashes 

* Lebanon to raise fuel prices in bid to ease crippling shortages

EGYPT

* Egypt seeks 200,000 tonnes of raw sugar 

SAUDI ARABIA

* Saudi Arabia remains China's top oil supplier, Malaysian supplies triple 

* Arabian Centres Quarterly Profit Falls

UNITED ARAB EMIRATES

* UAE to host 5,000 Afghans to be evacuated on US aircraft - embassy

* Erdogan says Turkey, UAE ties improving after rare meeting 

* MEDIA-China Three Gorges nears deal for Dubai renewable firm Alcazar - BBG 

* WVL Expands Into Europe, LATAM And APAC Via Acquisition Of Mass Transit Saas Platform Shotl 

QATAR

* Afghans speak of despair, uncertainty after evacuation to Qatar 

* QNB Group Seeks Shareholder Approval To Increase Non-Qatari Share Ownership Limit To 100% 

KUWAIT

* Moody's downgrades KIPCO's ratings to Ba2 from Ba1, maintains negative outlook

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


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