MIDEAST – Factors to watch – March 7

DUBAI, March 7 (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.


* GLOBAL MARKETS-Wall Street surges on jobs data, global equity markets regain ground MKTS/GLOB

* Oil surges after OPEC+ holds cuts, strong U.S. jobs growth O/R

* MIDEAST STOCKS-Dubai bourse leads most of Gulf lower PRECIOUS-Gold holds near 9-month low as yields, dollar gain further Pope, on Iraq visit, decries violence in the name of God as ‘greatest blasphemy’ Turkey’s pro-Kurdish party says it will regroup if hit by court ban Irish foreign minister to meet Iran’s Rouhani on nuclear deal US denies report of potential sanctions on Lebanese central bank chief In revival of street movement, Algerians protest for second Friday Lebanon on edge as protests persist, caretaker PM pleads for new government Egypt’s Sisi ups pressure for Ethiopia dam deal on Sudan visit Egypt gets $440 mln World Bank loan to support rail network ARABIA

* Saudi Arabia to lift most coronavirus-related curbs on Sunday – SPA Saudi-led coalition destroyed two explosives-laden drones -state TV Saudi-led coalition says it downed six Houthi drones fired at Khamis Mushait ‘I’ll believe it when I see it’ – Saudi Arabia doubts oil recovery and keeps taps tight ARAB EMIRATES

* BRIEF-Dubai’s Damac Board Approves Increasing Stake In Damac Internatioanal To 45% DP World and partner CDPQ to build port in Indonesia’s Gresik Kuwait to impose curfew, close parks as COVID-19 cases rise – state TV

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