MIDEAST – Factors to watch – February 21

DUBAI, Feb 21 (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-Shares rise as cyclical stocks provide support; yields climb MKTS/GLOB

* Oil extends losses as Texas prepares to ramp up output after freeze O/R

* MIDEAST STOCKS-Most Gulf markets fall; Abu Dhabi gains PRECIOUS-Gold recovers from 7-month low but on course for weekly drop Iran says studies EU-proposed informal meeting with U.S Rockets hit Iraqi base hosting U.S. contractors, one Iraqi injured, security officials say EXCLUSIVE-IAEA found uranium traces at two sites Iran barred it from, sources say UAE says Dubai princess being cared for at home as UN expresses concern Lebanese court removes investigator who charged politicians over Beirut blast Saudi-led coalition in Yemen moves troops to Marib to repel Houthi assault-sources Yemen famine could threaten opportunity for peace, U.N. warns Somali government forces, opposition clash in Mogadishu over election protest Egypt announces oil and gas bid round for 24 blocks, says ministry Russian flights to Egyptian resorts to resume after five-year suspension EGX Says Amir Abdul Wahab Khedr Reduces Stake In Grand Capital For Financial Investments ARABIA

* Saudi Arabia to invest more than $20 bln in its military industry over next decade Fitch Says Saudi Arabian Banks’ Retail Rush To Continue Saudi Arabia approves AstraZeneca’s COVID vaccine, state TV reports Saudi Arabia’s BinDawood says subsidiary faces $33 mln coffee maker claim Saudi Cement Profit Rises [nTUCwgC3q

UNITED ARAB EMIRATES

* Sovereign, pension funds double down on private debt amid pandemic Fitch Ratings: Asset Quality the Main Threat to UAE Banks’ Viability Ratings Eni interested in Qatar LNG project – CEO Brighter Signs 5-Year Distribution Agreement For Actiste In Qatar Kuwait bans entry for non-Kuwaiti citizens until further notice – Civil Aviation Authority National Bank of Kuwait sells $700 million AT1 bonds -document Kuwait’s HEISCO Says Contract With Kuwait Oil Company Extended For 12 Months Oman Qatar Insurance Board Proposes FY Dividend



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