Mideast factors to watch on July 26

Major Gulf stocks subdued as banks weigh on Dubai

  
A trader talks on the phone during the opening of the Dubai stock market June 26, 2016. Image for illustrative purpose

A trader talks on the phone during the opening of the Dubai stock market June 26, 2016. Image for illustrative purpose

REUTERS/Ahmed Jadallah

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-Shares retreat globally on U.S.-China tensions, gold soars

* Oil up on strong economic data, U.S.-China tensions cap gains

* MIDEAST STOCKS-Major Gulf stocks subdued as banks weigh on Dubai

* PRECIOUS-Gold smashes $1,900/oz barrier as Sino-U.S. row drives flight to safety

* Gulf states to keep currency pegs despite yawning deficits - Fitch

* Iranian president urges coronavirus caution during religious festivities

* U.S. fighter jets near Iranian passenger plane over Syrian airspace -pilot

* Iran condemns U.S. jet fly-by of airliner, U.S. says it kept safe distance

* Iranian judiciary says passengers on 'harassed' airliner can sue U.S. in Iran courts

* Iran says foreign states may have carried out cyberattacks, plays down their role in fires

* Baghdad airport reopens as Iraq coronavirus cases top 100,000

* Rockets hit military base south of Baghdad, no casualties -military

* Iraq’s total oil revenue for June exceeds $2.87 bln

* Israel strikes Syrian army positions in retaliatory attack, army says

* Libyans face painful power cuts as years of chaos hit grid

* Tunisia president designates new PM amid hopes of ending political crisis

* Algerian economy contracts 3.9% in first quarter, government says

* Jordan's Arab Bank group H1 net profits drop 66%

* Jordan arrests leaders of teachers union in opposition crackdown

* "Help us help you", France tells crisis-hit Lebanon

* Lebanese central bank governor inflated assets as liabilities grew

* Lebanon banking association says may withdraw from finance ministry talks

* Sudan finds mass grave believed to have bodies of officers executed by Bashir

EGYPT

* Egyptians crowd livestock market ahead of Eid holiday despite coronavirus

SAUDI ARABIA

* Saudi king, 84, has successful surgery - state news agency

* Saudi Ports Authority, SALIC sign deal for Yanbu grain terminal

* Saudi sukuk closes July 2020, issuance size SAR 1 bln -ministry

* Trump, Saudi crown prince discuss economic recovery from coronavirus -White House

* Saudi's Al Rajhi Bank Q2 Profit Falls

* Saudi's CMA Approves Public Offering Of Samba Corporates Sukuk Fund

* Saudi oil exports down by nearly $12 billion year-on-year in May

UNITED ARAB EMIRATES

* Austrian state investor, Mubadala extend cooperation in OMV

* Emirates offers pilots, cabin crew 4 months unpaid leave

* Dubai logistics firm Tristar seeks Dubai listing, sources say

* NMC seeks up to $250 mln ahead of UAE insolvency proceedings - sources

QATAR

* Qatar's Al Khalij Commercial Bank H1 Profit Rises

* Qatar's Commercial Bank H1 Profit Falls

BAHRAIN

* Qatar reiterates commitment to resolving Gulf dispute via diplomatic means -state news agency

KUWAIT

* Kuwait's emir arrives in the U.S. for medical treatment, in stable condition -KUNA

* Kuwait to shorten curfew, allow hotels and mosques to restart

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


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