Mideast Stocks - Factors to watch on June 21

Most major Gulf indexes gain ahead of OPEC+ meet

  
An investor (L) gestures to an electronic display board at the Dubai International Financial Market, March 24, 2010.

An investor (L) gestures to an electronic display board at the Dubai International Financial Market, March 24, 2010.

REUTERS/Mohammed Salem

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-U.S. shares retreat on renewed pandemic fears, safe-havens rise 

* Oil boosted by OPEC+ cuts even as virus weighs on market

* MIDEAST STOCKS-Most major Gulf indexes gain ahead of OPEC+ meet 

* PRECIOUS-Gold rises as new coronavirus cases spur lockdown fears 

* Russian negotiator says no need to extend oil cuts beyond July - report 

* OPEC+ pushes for compliance, undecided on oil cut extension 

* Europe tells U.S.: we won't back unilateral Iran sanctions snapback 

* U.N. nuclear watchdog's board raises pressure on Iran over suspect sites 

* Iranian judge accused of corruption found dead in Romanian hotel 

* Iranian rial drops to lowest rate since September 2018 against dollar 

* Lebanon adviser in IMF talks quits, citing 'no genuine will' for reforms 

* Gulf Keystone Petroleum to lay off about 40% of workforce 

* Tunisia buys soft wheat and barley in tender -trade 

* Algeria in talks with Desertec over solar power projects 

EGYPT

* Egypt has a legitimate right to intervene in Libya, Sisi says 

* Egypt calls for U.N. intervention in talks on Ethiopia's Grand Renaissance Dam 

* Egypt procures 3.5 mln tonnes of local wheat in harvest season so far - cabinet

* Egypt's GASC buys 240,000 T wheat in tender 

* Egypt surpasses 50,000 confirmed coronavirus cases 

SAUDI ARABIA

* Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday

* Saudi Aramco will use cash, debt to pay dividends, says CEO 

* Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say 

* Saudi Arabia crude exports rose to 10.237 mln bpd in April - JODI 

* Reliance says Saudi's PIF to invest $1.49 bln in Jio 

* Saudi proposes framework to end standoff between allies in southern Yemen - sources 

* Saudi Arabia coronavirus cases exceed 150,000 - health ministry 

* Islamic Development Bank sells $1.5 bln in 5-yr sukuk - document 

UNITED ARAB EMIRATES

* Moody's revises outlook to negative on eight UAE banks 

KUWAIT

* Kuwait eases curfew hours, extends phase one for a week - state TV 

BAHRAIN

* Motor racing-McLaren considering sale of a minority stake in F1 team - Sky 

OMAN

* BP to output from Oman's Khazzan gas field to 1.5 bcf by end-2020 

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

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