MIDEAST - Factors to watch - May 4
Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy.
INTERNATIONAL/REGIONAL
* GLOBAL MARKETS-Stocks gain in Asia, oil flat amid new Gulf proposals MKTS/GLOB
* Oil slips after Trump says US will assist ships stranded in Strait of Hormuz O/R
* PRECIOUS-Gold eases as inflation jitters, Iran war cloud US rate outlook GOL/
* MIDEAST STOCKS-MIDEAST STOCKS-Gulf bourses close higher, but U.S.-Iran uncertainty caps upside .MIDEAST
* Trump says US to help ships stranded in Strait of Hormuz as tanker hit by projectiles nL6N41H00W
* OPEC+ agrees third oil output quota hike since Hormuz closure nL6N41G01X
* UAE exits Arab oil exporter group OAPEC nL1N41G04N
* Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing nL1N41G010
SAUDI ARABIA
* Saudi AI firm Humain launches enterprise AI initiative with Amazon Web Services nS8N40O036
* ADES Holding signs contract for Shelf Drilling Victory in Nigeria, solidifying its presence in region nFWN41F009
UNITED ARAB EMIRATES
* ADNOC to award $55 billion in projects for 2026-2028 to advance growth strategy nS8N41F088
* ADNOC to accelerate growth and delivery of its strategy with AED200 bln in project awards nFWN41F00H
* Abu Dhabi's Fertiglobe switches to land cargo to avoid Strait of Hormuz- FT nL4N41H06K
KUWAIT
* Kuwait says oil production expected to reach 2.628 million bpd in June nS8N40O02Y
EGYPT
* Egypt raises natural gas prices for industries amid volatile energy prices nL6N41G03H
