Mideast Stocks - Factors to watch on January 17

Most Gulf shares ease, but weekly gains intact

  
Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

Investors walk under a stock index board 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 Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Data, lockdowns weigh on stocks and oil; dollar rises 

* Oil drops over 2% on China lockdowns, U.S. stimulus concerns 

* MIDEAST STOCKS-Most Gulf shares ease, but weekly gains intact 

* PRECIOUS-Gold falls 1% as dollar accelerates rally 

* U.N. says U.S. blacklisting of Yemen group may hinder bid to avert oil spill 

* Major European powers rebuke Iran over uranium metal plans 

* Saudi to reopen Qatar embassy in coming days - Saudi minister 

* Iran fires long-range missiles into Indian Ocean in military drill- media 

* Iraq oil minister sees oil at $60 a barrel in second quarter

* Palestinians announce first elections in 15 years, on eve of Biden era 

EGYPT

* Bank ABC acquires Blom Bank Egypt for $480 mln -sources 

* Egypt signs MOU with Siemens for $23 bln high-speed train line -cabinet 

SAUDI ARABIA

* Huawei to open its biggest flagship store outside China in Riyadh

* Saudi Arabia 2020 inflation rises to 3.4% after VAT tripled 

* OPEC sees U.S. shale output recovering further on oil rally

UNITED ARAB EMIRATES

* Expo organisers prepare to hold Dubai event delayed by coronavirus 

* UAE's ADNOC signs agreement with Japan's Cosmo on crude pricing - Twitter 

* Emirates to temporarily suspends flights to South Africa 

* Wizz Air's Abu Dhabi venture expects to add Gulf routes soon 

* Abu Dhabi Investment Office opens eight global offices to attract investors 

KUWAIT

* S&P affirms Kuwait's "AA-" ratings, outlook remains negative 

QATAR

* Qatar Investment Authority nets $892 million gain from Tiffany & Co sale 

BAHRAIN

* Pfizer delays Jan. vaccine delivery to Bahrain - health ministry 

* Bahrain says Qatar freed bodybuilding champ detained while fishing

OMAN

* National Bank Of Oman FY Profit Falls 

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


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