MIDEAST – Factors to watch – Oct 12

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-Stocks, dollar tumble; Trump says he will raise China tariffs to 100% * Trump tariff threat pushes oil to five-month low * PRECIOUS-Gold pares gains after brief run above $4,000/oz on Trump's China tariff warning * MIDEAST STOCKS- UAE shares mixed on weak oil, Gaza ceasefire deal optimism * Iran says it is open to 'fair, balanced' US nuclear proposal * Gazans' joy tempered by shock as they eye remnants of homes after ceasefire SAUDI * Saudi Aramco Has Put Three Chemicals Expansion Projects On Hold – Bloomberg News * Saudi wealth fund PIF said to slow pace of work on local share sales – Bloomberg News * US, Saudi chips agreement could be finalized soon, WSJ reports * Saudi oil to China to fall to about 40 million barrels in November, sources say * Power Construction Corporation Of China's Units' Consortium Signs Contracts For Photovoltaic Projects In Saudi Arabia * China Energy Engineering's Units Sign Contracts For Projects In Saudi Arabia * Duncan Engineering Enters JV Agreement With Jubail Pearl In Saudi Arabia QATAR * BASF sells majority of coatings business to Carlyle, Qatar Investment Authority * Qatari officials killed in car crash near Egypt's Sharm el-Sheikh, embassy says EGYPT * S&P upgrades Egypt's rating to 'B' as reforms boost economic growth; Fitch affirms (Compiled by Bangalore newsroom)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)