Mideast Stocks: Factors to watch on August 30

Mideast Stocks: Factors to watch on August 30

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-Asian shares rise on dovish Fed chair, oil up as hurricane batters Louisiana * Oil mixed as Hurricane Ida pounds U.S. crude patch, Louisiana * PRECIOUS-Gold prices scale near 4-week high on Powell's dovish tone * MIDEAST STOCKS-Saudi drives most Gulf bourses higher; Qatar dips * UAE's to maintain crude allocation cut at 5% in Nov -sources EGYPT * Egypt buys 200,000 tonnes of Brazilian raw sugar - GASC * Sodic Says New Location Proposed For Sodic’s 500 Acre Plot In New Zayed SAUDI ARABIA * Saudi money supply increase in July * Foreign investment into Saudi Arabia up 13%, says minister * Appoints Mohsen Sager Husain As CEO UNITED ARAB EMIRATES * Dubai developer Limitless set to agree third debt restructuring deal * Tabreed Enters Into An Agreement To Acquire Additional 50% Of Alwajeez Development Shares * Saudi investment minister visits Oman to boost economic ties * Emirates REIT Posts H1 Profit KUWAIT * Kuwait's Al Manar Financing And Leasing Says CEO Bader Hamad Al Rabiah Resigns