Mideast Stocks: Factors to watch on December 27

Mideast Stocks: Factors to watch on December 27

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 stocks, oil struggle as Omicron worries weigh * Oil prices mixed, U.S. crude falls after COVID-19 flight cancellations * PRECIOUS-Gold steady as weaker U.S. yields counter firmer dollar * MIDEAST STOCKS-Most Gulf bourses in red as COVID-19 cases rise EGYPT * Banque Misr Reduces Stake In International Co For Leasing To 11.18% * Misr Life Insurance Reduces Stake In International Co For Leasing To 5.66% * Egyptian Media Production City Sees FY 2022 Profit Of EGP 128.4 Million SAUDI ARABIA * Houthis have fired 430 missiles, 851 drones at Saudi Arabia since 2015 * Saudi's MIS Updates On MoU With Al Rajhi Capital For Launching Special Investment Fund * Offering Price Range Of Al-Wasail Industrial Set At SAR 16 – 19 Per Share - Adviser * Saudi Oct Oil Exports Value Rises By 123.1% UNITED ARAB EMIRATES * UAE plans to scrap monopolies of some big merchant families - FT * Ras Al Khaimah Cement Shareholders Approve Issuance Of Mandatory Convertible Bonds Of AED 3.05 Bln KUWAIT