Mideast Stocks: Factors to watch on December 1

Mideast Stocks: Factors to watch on December 1

DUBAI - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Asian shares bounce from year low but Omicron, Fed in focus * Oil rises 1% ahead of OPEC meeting under Omicron cloud * PRECIOUS-Gold hovers near 1-month low on Fed chair's hawkish comments * MIDEAST STOCKS-Most Gulf bourses tumble on vaccine efficacy concerns * Officials offer vaccine reassurance; WHO advises against travel bans * Saudi-led coalition destroys Houthi explosive-laden boat - state TV * OPEC+ begins two days of talks amid oil rout * POLL-Oil bound for gains as OPEC+ guards supply, but virus threat looms * Despite crisis, Lebanese free to travel to UAE -Emirati official * Saudi opens consular section of Kabul embassy as of Tuesday - state news agency EGYPT * Canada to ban travelers from Nigeria, Malawi and Egypt amid Omicron concerns - Toronto Star * Atlas For Investment & Food Industries Nine-Month Consol Loss Widens SAUDI ARABIA * Pakistan expects $3 billion reserves deposit from Saudi in days * Saipem wins $750 million contract in Saudi Arabia * Fawaz Abdulaziz Alhokair Signs Master