Mideast Stocks: Factors to watch on July 17

Mideast Stocks: Factors to watch on July 17

DUBAI: 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-Asia shares slip as China data underwhelms * Oil slips on weak China GDP data, resumption of Libya output * PRECIOUS-Gold edges lower on slight dollar uptick * MIDEAST STOCKS-Most Gulf markets extend gains; Egypt flat EGYPT * ANALYSIS-As deficit soars, Egypt expands money supply, fuelling inflation SAUDI ARABIA * Saudi Arabia maintains support for Japan energy partnership * Saudi inflation rate ticks down in June - govt data * Saudi crown prince invited to visit UK later this year -FT QATAR * Hamas unable to pay salaries in Gaza after Qatari aid delay, officials say * Qatar Energy hikes September al-Shaheen oil term price - sources UNITED ARAB EMIRATES * India ties up with UAE to settle trade in rupees * UAE removes refinery Emirates Gold from its good delivery list * OMV to enter talks with ADNOC to form chemicals JV * Ajman Bank Appoints Mustafa Mohammed Saeed Mohammed Alkhalfawi As CEO KUWAIT * Kuwait to set up new sovereign fund to develop mega projects and local