MIDEAST - Factors to watch - May 11

Reuters
05-11
MIDEAST - Factors to watch - May 11

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 hit pause, dollar slips with China/US trade talks in focusMKTS/GLOB

* Oil prices post weekly gains on US-China trade talk optimismO/R

* PRECIOUS- Gold rises as dollar eases ahead of US-China trade talksGOL/

* MIDEAST STOCKS- UAE markets down ahead of US-China trade talks.MIDEAST

* Iran, US to resume nuclear talks on Sunday after postponement nL1N3RH0T2

* Iran foreign min to visit Saudi Arabia, Qatar on Saturday, spokesperson says nL1N3RH09V

* India and Pakistan agree to stop firing after days of cross-border strikes nL1N3RI067

SAUDI ARABIA

* US, Saudi Arabia step up efforts to de-escalate India-Pakistan tensions nNRAwbofyq

* Saudi Arabia invites leaders of GCC for Gulf-US summit in Riyadh, says adviser to Bahraini king nL1N3RG18T

UNITED ARAB EMIRATES

* Shell, Chevron, ExxonMobil, TotalEnergies and ADNOC have "run the numbers" on possible takeover of BP - FT nL4N3RH0PC

EGYPT

* Egyptian inflation climbs to 13.9% in April nL1N3RI02T

OMAN

* Oman said to consider selling stake in $8 billion gas fields- Bloomberg News nL4N3RH130

(Compiled by Bangalore newsroom)

((bangalore-pages@thomsonreuters.com))

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