Mideast Stocks - Factors to watch on June 14

Most of Gulf in red as oil prices fall; banks aid Qatar 

  
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 Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-World shares modestly higher as investors mull coronavirus, recovery outlook 

* Oil prices see weekly loss on virus resurgence fears 

* MIDEAST STOCKS-Most of Gulf in red as oil prices fall; banks aid Qatar 

* PRECIOUS-Gold gains on fresh virus wave fears, gloomy Fed outlook 

* Saudi-led coalition in Yemen says it destroyed missile targeting S.Arabia 

* In rare appeal to Israeli public, UAE warns against annexation 

* OPEC+ panel meeting next week will advise on policy, not decide-sources 

EGYPT

* Egypt confirms highest daily rise of new COVID-19 cases and deaths 

* Egypt's GASC seeking soyoil, sunflower oil in tender 

* Egypt to open seaside resorts to foreigners from July 1 

SAUDI ARABIA

* Saudi Arabia will resume sports activities, without fans starting from June 21 

UNITED ARAB EMIRATES

* UAE's flydubai extends salary cuts, puts pilots on unpaid leave -sources 

* Abu Dhabi's Mubadala says it is well placed to handle virus challenge 

* Dubai's Arabtec cuts 3,300 jobs-sources 

KUWAIT

* Kuwait sets Aug 2020-July 2021 naphtha at $15/T premium 

* Kuwait cancels Wednesday's trades after no-dividends statement dragged banks down 

QATAR

* Qatari government entities must cut foreign staff costs by 30%-document 

* Qatar to integrate chemicals unit into QP 

* Qatar raises July Marine, Land crude selling prices -sources 

* Qatar 2022 World Cup stadium workers went months without pay -Amnesty 

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


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