Factors to watch - Oct 30
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-Asia shares stumble on China headwinds; gold and bitcoin buoyant MKTS/GLOB
* Oil prices steady on shrinking U.S. crude inventories O/R
* PRECIOUS-US election uncertainty lifts gold prices to record high GOL/
* MIDEAST STOCKS-Most Gulf markets gain on earnings; geopolitics weigh .MIDEAST
* Israeli strike kills dozens in north Gaza residental block, US calls incident 'horrifying' nL1N3M509Z
* Hamas open to discussing new deal securing end to Gaza war, Israeli pull-out, group official says nL1N3M514S
* US steps up pressure on Israel over Gaza as military aid deadline looms nL1N3M50XX
* Hezbollah names Naim Qassem as new leader, Israel says he won't last long nL1N3M50CR
* Senior Biden advisers to visit Israel to try to end war in Lebanon, Axios reports nL1N3M605Y
SAUDI ARABIA
* Saudi wealth fund to cut overseas investments nL1N3M50AE
* Saudi minister asserts economic resilience to investors at Riyadh conference nL1N3M50H3
* Saudi's first China-focused ETF to become the largest in Middle East nL4N3M40PM
* Vietnam says Saudi Aramco wants to invest in oil refining, petrol distribution nL4N3M60E8
* Saudi energy minister commits to crude capacity levels and climate targets nL1N3M50DQ
* Saudi Arabia says 540 companies have chosen kingdom for regional headquarters nS8N3LX0MA
* ACWA Power signs over $1.78 bln of deals in renewable energy, battery projects nL1N3M513R
UNITED ARAB EMIRATES
* Dubai approves 2025-27 budget with $74 bln in expenditures, ruler says nL1N3M50HQ
* Abu Dhabi's Mubadala sells 1 bln dirhams in 5-year sukuk nFWN3M50RG
* Covestro likely to recommend ADNOC takeover offer, trims 2024 profit target again nL1N3M508O
QATAR
* Qatar says it will work with Biden administration until 'last minute' for Gaza ceasefire deal nL1N3M50HA
KUWAIT
* Kuwait national bank signs agreements worth $1.6 bln, state news agency says nL1N3M510T
* Kuwait appoints Tariq Suleiman Al-Roumi as oil minister, state news agency says nS8N3L700G
BAHRAIN
* Bahrain's Mumtalakat, CYVN Holdings Partner To Acquire McLaren’S Automotive Business nFWN3M50FW
JORDAN
* Jordan buys about 60,000 T wheat in tender, traders say nL1N3M50M1
(Compiled by Bangalore newsroom)
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