MIDEAST - Factors to watch - February 25

By Kitco News / February 24, 2018 / www.kitco.com / Article Link

DUBAI, Feb 25 (Reuters) - 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-Stocks climb, gold suffers as rate-hike worries ease * MIDEAST STOCKS-Emaar continues rebound but Dubai, regional markets mostly move little * Oil climbs with support from Libyan outage, Saudi comments * PRECIOUS-Gold heads for biggest weekly loss this year as dollar bounces * U.S. ready to open Jerusalem embassy in May -State Department * Libya's NOC declares force majeure on 70,000 bpd El Feel oilfield * Turkish forces shell convoy headed to Syria's Afrin region * Cyprus accuses Turkey of blocking ship again in gas exploration standoff * At least 14 dead in attack on Yemen counter-terrorism base * U.N. Security Council demands truce as air strikes batter Syria's Ghouta * Turkey says U.S. decision to open embassy in Jerusalem damaging peace * BRIEF-S&P Says Iraq Ratings Affirmed At 'B-/B' Outlook Stable * Palestinians angry at reports of early U.S. Embassy move to Jerusalem * Iran hints at seaborne reactors while respecting nuclear deal * Algerian consumers, firms feel pinch of import bans * Albaraka Turk raises $205 million via Tier 1 sukuk EGYPT

* Egypt's strategic rice reserves enough to last until end-April - ministry * Egypt sentences 21 to death for planning attacks SAUDI ARABIA

* Saudi oil minister hopes OPEC, allies can ease output curbs in 2019 * Saudi, UAE, Qatari leaders to visit Trump in March, April * U.S. startup in talks for $400 mln investment from Saudi fund -FT * India seeks 'reasonable' oil price from Saudi Arabia -minister * Saudis promised double the fun in drive to lure back tourist dollars * Novatek seeks Saudi Aramco as partner in Arctic LNG-2 * Saudi Arabia frees nine Iranian fisherman detained two years ago -Iran * Jump in Islamic tax liabilities worries Saudi banks * MSCI decision on Saudi Arabia to be independent of Aramco listing -executive UNITED ARAB EMIRATES

* Founder of Dubai private equity firm Abraaj hands over control of fund * Djibouti ends Dubai's DP World contract to run container terminal * New tax pushes Dubai inflation up moderately in January * BRIEF-DIB Says upto 1.65 Bln New Shares to be Offered at 45 Pct Discount * UAE says not seeing oil investments at right level yet QATAR

* Qatar says Gaza aid spares Israel war, shows Doha does not back Hamas * BRIEF-Doha Bank Seeks Shareholders Approval for EMTN Bonds Issue * BRIEF-Qatar Islamic Bank Shareholders Renew, Increase Sukuk Limit KUWAIT

* TABLE-Kuwait inflation almost flat at 1.0 percent in January BAHRAIN

* Bahrain's Batelco expects profit rebound, M&A activity in 2018 * Fugitive Bahrain militants die at sea en route to Iran - activists * National Bank of Bahrain eyes advisory roles on big projects, CEO says OMAN

* BRIEF-Omantel Board Proposes 50 Baiza/Share Additional Cash Dividend for 2017 * BRIEF-National Bank Of Oman CEO Ahmed Jafar Al Musalami Resigns (Compiled by Dubai newsroom)Keywords: MIDEAST FACTORS/

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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