Mideast factors to watch on May 12

Oil steady, ends week lower as trade tensions weigh

  
Image used for illustrative purpose. Traders monitor stock information at Dubai Financial Market, in Dubai, United Arab Emirates, June 5, 2017.

Image used for illustrative purpose. Traders monitor stock information at Dubai Financial Market, in Dubai, United Arab Emirates, June 5, 2017.

REUTERS/Stringer

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- US stocks rise, dollar pares losses on trade talk hopes

* PRECIOUS- Gold on track for weekly gain due to U.S.-China trade tension; palladium soars

* - Oil steady, ends week lower as trade tensions weigh

* MIDEAST STOCKS - Trade tensions, weak oil pressure most major Gulf markets

* Saudi security forces kill 8 people in flashpoint Shi'ite area - agency

* Yemen's Houthis begin withdrawal from Hodeidah ports in boost to peace deal

* Turkish state banks sold around $4.5 bln last week to support lira - sources

* Eyeing Iran, U.S. sending more Patriot missiles to Middle East

* Tripoli urges Trump to stop Haftar's backers meddling in Libya

* Lebanese govt agrees to raise tax on interest payments to 10% for three years

* Abraaj founder given more time to raise 15 mln pound bail

* Iran Guards reject U.S. talks, cleric threatens carrier

* Tens of thousands march to demand change in Algeria

* U.S. warns merchant ships of possible Iranian attacks in Middle East

* Turkish industrial production seen contracting 4.25% in March

* Global air freight is falling in a sign of economic strain: Kemp

* Iran sent oil shipment to Syria, easing fuel crisis-source

* Turkish Airlines' quarterly loss more than doubles on higher costs

* Turkish banks in no rush to sell problem loans, focused on restructurings -sources

* U.S. B-52 bombers reach Middle East in message to Iran

* U.N. assessing damage at Yemeni port city grain mills

* Lebanon central bank postpones meeting to decide on strike

* Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanction

* Libya plans to increase oil output from existing fields to 1.4 million bpd this year

* OPEC in the dark on oil supply as Russia, Iran cut exports

* Yemen government accuses UAE of landing separatists on remote island

EGYPT

* Egypt court fines ex-interior minister $29 equivalent for abuse of funds

* Egypt headline inflation drops to 13.0 pct in April -CAPMAS

* Egypt's core inflation slows to 8.1 pct in April -central bank

 

SAUDI ARABIA

* Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources

* Al Ahsa Development Posts Q1 Profit

* Red Sea International Q1 Loss Widens

* Kingdom Holding Q1 Profit Rises

* Saudi Arabia's Savola plans riyal sukuk issue

 

UNITED ARAB EMIRATES

* Etihad submits bid for India's Jet, eyes minority stake

* TPG signs deal to takeover management of Abraaj's healthcare fund

* UAE’s aviation authority says timing of lifting of Boeing 737 MAX ban still unknown

* Dubai Aerospace Enterprise Q1 Profit Rises

* Abu Dhabi National Energy Co (Taqa) Q1 2019 Capex 435 mln dirhams vs 428 mln Dirhams Year-Ago - CFO

* UAE's TAQA Q1 profit sinks, hit by forex losses, U.S write down

* Emirates airline report 69 percent drop in full year profit

* Dana Gas Comments On News In Relation To Listing In Global Exchanges

 

KUWAIT

* Kuwait's Energy House Holding Q1 Loss Widens

* Kuwait's Amwal Says Unit Gets CMA Approval For Investment Portfolio Manager Activity

* Kuwait's HEISCO Shareholders Approve Authorized Capital Increase

* Kuwait's Asiya To Raise Investment In Duet India Hotels By 3.8 Mln Dinars

 

QATAR

* U.S. State Department approves possible sale of Apache helicopters to Qatar -Pentagon

 

BAHRAIN

* Bahrain forecasts wider than expected budget deficit

* Ahli United Bank Updates On Potential Sale Of Stake In KMEFIC (Reporting By Dubai Newsroom)

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