Mideast factors to watch on December 12

Mideast factors to watch on December 12

DUBAI: 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 rise as hot CPI data fails to unnerve investors * Oil prices post biggest weekly gain since August * PRECIOUS-Gold gains ground after U.S. inflation data * MIDEAST STOCKS-Oil weighs on Saudi shares, Dubai gains for seventh day * Kuwait and Saudi to increase production in al-Khafji and Wafra oilfields -statement EGYPT * Egypt's GASC seeks vegoils in tender for arrival Feb. 5-25 urn:newsml:reuters.com:*:nL1N2SW0GL * Egypt's core inflation increases to 5.8% y/y in Nov -c.bank SAUDI ARABIA * Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake sale * Saudi Aramco to supply full term oil volumes to several Asian buyers-sources * Saudi women's rights activist says phone hack by U.S. contractors led to arrest -lawsuit * Jahez International Price Range For Offering Set At SAR 750-850 Per Share - Adviser * Saudi's Hassana Investment buys 4.99% in Jahez International - Al Arabiya UNITED ARAB EMIRATES * UAE announces listing of Empower on Dubai financial market * Dubai says it welcomed 4.88 million visitors