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Factors to watch - July 2



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Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.


INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Dollar soars near 38-year yen peak as Trump risk lifts US yields MKTS/GLOB

* Oil trades near two-month high on summer demand outlook, possible rate cut O/R

* PRECIOUS-Gold flat as investors eye Powell's speech GOL/

* MIDEAST STOCKS-Most Gulf bourses rise on firm oil, Saudi slips .MIDEAST

* Red Sea disruptions to continue into Q3, Maersk CEO says nL1N3IT0XP

* Palestinian militants fire rockets into Israel, tanks advance in Gaza nL1N3IT0DG

* Saudi Arabia's sovereign wealth fund swings to $36.8 bln profit in 2023 nL4N3IT13W


EGYPT

* Egypt's gas production at 5.7 bln cubic feet per day, petroleum ministry spokesperson says nL1N3IT0UM


SAUDI ARABIA

* Saudi Arabia announces discovery of seven oil, gas deposits nL1N3IT0OT

IRAQ

* Iraq says it has arrested PKK-linked cell suspected of planning attacks nL1N3IT0PY


JORDAN

* World bank approves $700 million to boost Jordan's education, health and social care nL1N3IT0N0


LEBANON

* Lebanon extends deadline for licensing round for offshore oil, gas fields to next March nL1N3IT0L4

* Lebanon army receives additional $20 mln from Qatar in support to troops nL1N3IT0KM


UAE

* Sharjah plans to raise upto AED 1 billion in 5-year sukuk auction nFWN3IT0TH

* BRIEF-Petrofac Extends Forebearance Agreement With Ad Hoc Group Of Noteholders nFWN3IS01M

* BRIEF-First Abu Dhabi Bank Chief Risk Officer Pradeep Rana Resigns nFWN3IQ1LO

* BRIEF-ADNOC Logistics Expands LNG Carrier Fleet With Up To $2.5 Bln Strategic Investment nFWN3IQ1DP


KUWAIT

* Warba Bank hires banks for five-year green sukuk sale, document shows nFWN3IT0H4



(Compiled by Bangalore newsroom)

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