Mideast Factors To Watch on June 16

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-Stocks, dollar show resilience in Asia as oil gains

* Oil prices volatile as Israel-Iran conflict ramps up

* PRECIOUS-Gold hits near 2-month high as Middle East conflict boosts safe-haven demand

* MIDEAST STOCKS-Gulf markets tumble as Israel-Iran conflict escalates

* Iran lauds 'new method' as missiles hit Israel's Tel Aviv, Haifa

* G7 leaders in Canada to discuss Israel-Iran conflict, hope to avoid Trump clash

* Trump sees peace between Iran and Israel soon, eyes Putin role

* Trump vetoed Israeli plan to kill Iran's supreme leader, US officials say

* Hong Kong bourse seeks to woo Southeast Asia, Middle East firms for second listings

UNITED ARAB EMIRATES

* UAE's GDP grows by 4% in 2024 to 1.77 trillion dirhams, state news agency says

* ADNOC leads $18.7 billion proposal to buy Australia's Santos in LNG push

* UAE's non-oil exports hit record 177.3 bln dirhams in first quarter, official says

* Etihad Airways says flights between Abu Dhabi and Tel Aviv cancelled until June 22

SAUDI ARABIA

* Oil and gas important in times of conflict, Saudi Aramco CEO says

 

ISRAEL

* Israel's inflation rate eases more than expected to 3.1% in May

* Britain’s finance minister signals possible support for Israel in Iran conflict

* Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran

* Israel's El Al cancels all flights until June 19, some until June 23

* Tens of thousands protest in Netherlands over Israel's actions in Gaza

 

EGYPT

* Egypt signs financial closure deal with Norway's Scatec for 1 GW solar plant

 

IRAN

* Cyprus says it has been asked by Iran to convey 'some messages' to Israel