Factors to watch – May 19

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MIDEAST – Factors to watch – May 19

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 edge up as timing of US rate cuts weighed; copper jumps MKTS/GLOB

* Oil gains 1% on hopes of firmer demand O/R

* PRECIOUS-China stimulus, US rate cut bets lift gold, silver soars above $30 mark GOL/

* MIDEAST STOCKS- UAE stock markets mixed amid uncertainty over Fed policy.MIDEAST

* Hamas says it rejects any military presence on Palestinian land nS8N3GM02E

SAUDI ARABIA

* Saudi Aramco signs MOUs with US firms Aeroseal, Spiritus and Rondo nL1N3HK1DB

* Saudi crown prince, US national security adviser meet on Gaza, bilateral ties nL1N3HM00V

* White House’s Sullivan traveling to Saudi Arabia and Israel this weekend nW1N3H5030

QATAR

* IMF says Qatar shows resilience against ‘global uncertainty’ nL1N3HK1E2

IRAQ

* Iraq stops diesel import deals as refinery upgrades boost output – Bloomberg News nL4N3HK35Q

(Compiled by Bangalore newsroom)

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