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| 17 May, 2018

Mideast stocks factors to watch on May 17

Here are some factors that may affect Middle East stock markets on Thursday.

Image used for illustrative purpose.
Investors watch monitors at the Dubai International Financial Market, May 20, 2010.

Image used for illustrative purpose. Investors watch monitors at the Dubai International Financial Market, May 20, 2010.

REUTERS/Ahmed Jadallah

DUBAI - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian shares steady; euro hampered by Italian political risk

* MIDEAST STOCKS-Saudi banks merger boosts Alawwal as geopolitical worries weigh on Gulf

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* Oil markets firm as Brent edges ever closer to $80 per barrel on tight market

* PRECIOUS-Gold prices steady as dollar hovers below 2018-peak

* Middle East Crude-Strong; al-Shaheen trades at highest premiums in over 2 yrs

* Huge numbers of Yemenis flee Hodeidah as fighting nears - Amnesty

* Israel says Hamas curbed Gaza protests after Egyptian warning

* France's Total warns of Iran exit as EU struggles to save economic ties

* EU leaders struggle to save Iran economic ties from US sanctions

* OPEC sees oil rally towards $80 as short-term spike, not supply-driven

* Iraqi election commission says Kirkuk voting stations under siege, staff inside

* U.S. sanctions Hezbollah leader Nasrallah, deputy Qassem

* Morocco’s trade deficit rises 12 pct yr/yr in Jan-April

* Iran signs oil contract with Pergas to develop Keranj field

* POLL-U.S. sanctions on Iran to boost prices, keep oil at $70/bbl

* Turkish central bank says to take action, suffering lira firms

* IEA warns global oil demand may suffer as crude nears $80

EGYPT

* Egypt's Sisi says US Embassy move to Jerusalem causes instability

* Egypt's Sisi defends Cairo metro fare hikes after protests

* Egypt's President Sisi pardons over 330 mostly youth prisoners

* SPECIAL REPORT-From war room to boardroom. Military firms flourish in Sisi's Egypt

SAUDI ARABIA

* S&P Dow Jones may lift Saudi Arabia to emerging market status

* Saudi Arabia's National Commercial Bank changes CEO

* Saudi bank merger helps RBS to shed assets, boost capital

* SABB and Alawwal agree $5 bln merger to create Saudi's third largest bank

* TABLE-Saudi Arabia Q1 earnings estimates (2)

* TABLE-Saudi Arabia Q1 earnings estimates (1)

UNITED ARAB EMIRATES

* TABLE-Dubai inflation stays flat in April

* TABLE-UAE's Fujairah oil inventory data for week ended May 14

* UAE's ADNOC signs MoU with Ravago for Ruwais facility

* TABLE-Abu Dhabi Q1 earnings estimates

* TABLE-Dubai Q1 earnings estimates

QATAR

* Trump lawyer Cohen sought $1 mln from Qatar in late 2016 -Washington Post

* U.S. secretary of state, Qatari foreign minister discuss terror financing

* TABLE-Qatar Q1 earnings estimates

KUWAIT

* Kuwait's Noor Financial gets offer for part of Pakistan Meezan Bank stake

* Philippines' Duterte orders lifting of labour deployment ban to Kuwait

* TABLE-Kuwait Q1 earnings estimates

BAHRAIN

* TABLE-Bahrain Q1 earnings estimates

OMAN

* TABLE-Oman Q1 earnings estimates (Reporting by Dubai newsroom)

© Reuters News 2018