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MIDEAST STOCKS - Factors to watch - August 16

  • 16 August, 2017

DUBAI, Aug 16 (Reuters) - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.


* GLOBAL MARKETS-Dollar revived by upbeat US data, N.Korea respite

* MIDEAST STOCKS-Region sags as Union Properties loss hits Dubai, Egypt continues slide

* Oil prices edge up on falling US crude stocks, but global glut still weighs

* PRECIOUS-Gold prices inch up ahead of minutes from latest Fed meeting

* Middle East Crude-Asia demand continues to support medium grades

* Tillerson raps some U.S. allies for religious freedom violations, slams IS

* Libya's Sharara oilfield output dropped after security breaches -engineer

* Iran could quit nuclear deal in "hours" if new U.S. sanctions imposed -Rouhani

* Morocco's trade deficit rises 7.9 pct y/y Jan-July

* Jordan holds local elections in step to devolve powers

* Algeria recalls veteran crisis manager Ouyahia as Prime Minister

* Iraqi Kurdish independence referendum will fuel instability, Turkey says

* Iraq minister faces questions over trade corruption allegations

* Iraq oil city governor quits, travels to Iran after corruption investigation

* Tunisia's economy grew 1.9 pct in first half of 2017 - statistics institute

* Other Gulf states may introduce VAT after UAE and Saudi, official says

* Central bank in wartorn Yemen floats currency


* Egypt's GASC seeks wheat for Sept. 20-30 shipment

* Egypt's unemployment rate below 12 percent for first time since 2011 -CAPMAS


* TABLE-Saudi July consumer prices drop y/y for seventh month

* Saudi Arabia and Iraq to re-open border crossing after 27 years


* Air Berlin files for insolvency after Etihad withdraws support

* Etihad Airways exploring options for leisure airline Niki

* Dubai's Noor Bank cuts dozens of jobs -sources

* Dana Gas bondholders face "significant liability" in UAE court case

* UAE's Union National Bank opens Shanghai branch

* Dubai's Union Properties does not expect more provisions -Al Arabiya TV

* Dubai's Union Properties reports $624 mln loss, cites accounting errors

* UAE's Dana Gas reports 71 pct Q2 profit jump as capex slashed


* Sanctions boost food prices, hurt real estate in Qatar in July

* Arab boycott adds to woes of Qatar migrant workers

* TABLE-Qatar inflation falls back sharply to 0.2 pct in July


* Second crude spill hits one mile of Kuwait coast - agency


* Shares in Bahrain's GFH slide as it acquires $1.2 bln assets via equity issue


* Oman's Sohar Aluminium assessing restart after interruption

* Moody's assigns P-2 ratings to Ahli Bank Q.S.C's Euro-Commercial Paper and Certificate of Deposit Program

(Compiled by Dubai Newsroom)