Sunday, April 21, 2013

MIDEAST STOCKS - Factors to watch - Apr 21

DUBAI, April 21 (Reuters) - Here are 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-Shares, oil rebound after week's big

sell-off

* Oil rises slightly in a second straight day of gains

* MIDEAST STOCKS-Saudi bank shares help stock market edge

higher

* Syrian opposition rejects extremism in nod to Western

demands

* Bombs, mortars fail to stop first Iraq vote since US exit

* U.S. near $10 billion arms deal with Israel, Saudi Arabia,

* Gold posts 5 pct weekly loss, outlook seen volatile

EGYPT

* Egypt detains 7 alleged members of black-clad youth group

* IMF chief says determined to reach loan deal with Egypt

* Egypt's Mursi says plans cabinet reshuffle

* Egypt court postpones trial of 26 suspected Islamist

militants

* Egypt's Mubarak stays in detention despite second release

order

* Suez Canal revenue $398.5 mln in March

* Mursi fails to secure loan, grain from Russia

* Yields on Egypt T-bills fall at Thursday auction

* Egypt expects shipment of Libyan oil within two weeks

UNITED ARAB EMIRATES

* UAE March inflation rises to 1.0 pct y/y

* UAE says it has arrested plotters linked to al Qaeda

SAUDI ARABIA

* SABIC Q1 net profit falls 10 pct y/y

* SABIC to cut 1,050 jobs, shut units on poor Europe outlook

* Mobily misses estimates with 11 pct profit rise

* King removes deputy defence minister in royal reshuffle

* Maaden: HSBC cuts target price

QATAR

* Qatar's Ooredoo lines up loan of up to $12 bln for Maroc

Tel bid

* Qatar races to develop solar-powered cooling for World Cup

* Qatar National Bank prices 200 mln Swiss franc bond

BAHRAIN

* Bahrain F1 race to go ahead amid tensions, protests

* Bahrain crown prince expresses hope on reconciliation

talks

* Reliance Comm says no longer in talks with Batelco over

unit stake sale

KUWAIT

* Moody's affirms National Bank of Kuwait's Aa3/Prime-1

ratings; outlook stable

* Kuwait promises "firm response" after protest

(Compiled by Dubai newsroom)

Source: http://news.yahoo.com/mideast-stocks-factors-watch-apr-21-040742298--sector.html

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