MIDEAST - Factors to watch - January 14

By Kitco News / January 13, 2018 / www.kitco.com / Article Link

DUBAI, Jan 14 (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-Dollar hits three-year low vs euro; Wall St hits new highs * MIDEAST STOCKS-Gulf stocks firm on oil, Qatar gains for sixth straight day * Oil adds to rally, heads for fourth week of gains * PRECIOUS-Gold set for 5th week of gains, palladium hits record * Trump issues ultimatum to 'fix' Iran nuclear deal * Macron tells Netanyahu the Iran nuclear deal must be preserved * Flare-up with Israel tests Hamas effort to keep Gaza on low boil * OPEC need not rush into changing oil pact - UAE * Turkey warns citizens against travel to US in tit-for-tat move * INTERVIEW-Syrian war will drag into next decade - senior Kurdish leader * Stricken Iranian oil tanker drifts into Japan's economic zone - coast guard * Israel's Netanyahu eyes trade, defence ties on India trip * Morocco to launch more flexible exchange rate for dirham on Monday * Tunisia arrests another 150 including opposition leaders over unrest * Tunisia will increase aid for poor in response to protests * Iraq nears oil output capacity of 5 mln bpd, committed to OPEC cuts * Gulf OPEC producers plan to keep Q1 oil output below year-earlier level * Iraq says 26 companies allowed to bid for oil, gas blocks in border areas * Too hot to handle? Shell's Gaza gas field sale hits problems EGYPT

* Egypt tourism revenues jump 123.5 pct to $7.6 bln in 2017 -govt official * Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 pct * Egypt's GASC says seeking soyoil, sunflower oil for arrival March 1-15 * Egypt to impose curfew on parts of North Sinai - official gazette * Egypt's inflation drop shows spending levels still low, say economists * Ex-military chief of staff to run in Egyptian presidential election * Remittances from Egyptian expats rise by 5.8 pct y/y in Nov -c.bank * Average yields fall on Egypt's 6-month, 1-year T-bills - c.bank * Egypt court overturns sentence against Mubarak-era interior minister SAUDI ARABIA

* Saudi Arabia to seek extradition of corruption suspects * Some shares in Saudi Binladin Group may be transferred to state * MSCI expects to include Aramco in Saudi Arabia index from time of IPO * Saudi central bank lifts loan-to-value rate for first time buyer mortgages * Hong Kong, London, New York shortlisted for Aramco IPO - sources * BRIEF-Saudi's CMA Approves Public Offering of GIB Saudi Equity Fund * Merger of Saudi banks Alawwal and SABB to go ahead despite delays -sources * Saudi Arabia's SAGO seeking 960,000 T of barley UNITED ARAB EMIRATES

* BRIEF-S&P Says Abu Dhabi Ratings Affirmed At 'AA/A-1+' * MEDIA- Abu Dhabi Fund said to weigh options for $920 mln RHB Bank stake - Bloomberg * UAE energy minister says not concerned with current oil price * BRIEF-DP World Closes Dubai Maritime City and Drydocks World Transaction QATAR

* Qatar dairy producer Baladna to IPO in first half, expand into new areas * Qatar energy minister views supply cut deal exit talk as premature -QNA * TABLE-Qatar December inflation rises on petrol prices * Qatar says Emirati plane violated airspace, UAE denies * Qatar offers more al-Shaheen crude in March spot tender * BRIEF-Qatar National Bank Issues $720 MLN Formosa Bond KUWAIT

* BRIEF-KFH Says Has Not Signed MoU on Merger with Ahli United Bank OMAN

* Oman sees oil price trading within $65-$70 range for a weeks * MIDEAST DEBT-Oman issues largest bond as rising oil prices cheer Gulf investors (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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