MIDEAST - Factors to watch - May 12
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-AI rally pauses as Middle East ceasefire goes on 'life support' MKTS/GLOB
* Oil prices rise as fragile US-Iran talks sustain supply worries O/R
* PRECIOUS-Gold steady as markets assess Mideast tensions ahead of US inflation data GOL/
* MIDEAST STOCKS-Most Gulf stocks retreat amid deadlocked US-Iran talks .MIDEAST
* Peace deal hopes fade after Trump rejects 'garbage' Iran proposal nL6N41P06I
* Lebanon urges US to put pressure on Israel to stop attacks and demolitions nL6N41O0QQ
* UAE has been secretly carrying out attacks on Iran, WSJ reports nFWN41O1DF
* OPEC oil output falls 830,000 bpd in April, Reuters survey finds nL6N41O0Q4
* JP Morgan sees Brent staying in low $100s even if Hormuz reopens in June nL4N41O16J
* India's Modi to begin five-nation tour, including UAE, amid Middle East crisis nL6N41O0ZU
SAUDI ARABIA
* Saudi crude exports to China set for record low in June amid high prices, sources say nL1N41O07J
* Aramco could reach oil production capacity of 12 million bpd in three weeks if required, CEO says nS8N41G05I
* Aramco, TotalEnergies joint venture SATORP partially on stream, Aramco CEO says nS8N41G05K
* Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says says nL6N41O0SN
UNITED ARAB EMIRATES
* ADNOC Gas Q1 Profit Falls nFWN41P02Y
* ADNOC Gas board approves Q1 2026 interim cash dividend of $940.453 million nL4N41P088
* Salik Company Q1 Net Profit 369.3 Million Dirhams nFWN41N010
* ADIO And ADPIC Launch AED 55 Billion Public-Private Partnership Pipeline - AD Media Office nFWN41O049
* Dubai Holding becomes Emaar's largest shareholder after stake transfer nS8N40O01T
* Dubai Insurance Q1 Profit 70.4 Million Dirhams nFWN41O1C0
* Lulu Retail's first-quarter net profit slumps 33% to $47 million nS8N419000
QATAR
* Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows nL1N41O09O
* Qatar Airways Set To Operate To Caracas, Venezuela, And Bogotá, Colombia, From July 2026 nFWN41O027
EGYPT
* Suez Canal Bank Q1 Profit EGP 1.64 Billion nFWN41O015
* Egypt buys nearly 2.4 million tons of wheat from local farmers, official data shows nL1N41O08R
SYRIA
* Syria selects offshore block for first deep-water oil, gas project with Chevron nL6N41O0NV
LIBYA
* Libya's National Oil Corporation, Trasta sign final deal ending Lerco partnership, Ras Lanuf refinery returns to full Libyan control nS8N40Y0AD
