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Factors to watch - Oct 1



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Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.


INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian stocks ease, dollar firms as traders ponder US rates MKTS/GLOB

* Oil little changed as demand worries offset Mideast fears O/R

* PRECIOUS-Gold off record highs as Fed's Powell signals smaller rate cuts GOL/

* MIDEAST STOCKS-Most Gulf markets end lower on rising tensions in the region .MIDEAST

* Israel begins Lebanon ground invasion with 'limited' raids on Hezbollah nL1N3LC1AG

* US forces accounted for after reported rocket attack in Baghdad, official says nL1N3LC193

* Three civilians killed in Israeli airstrike on Damascus, state media says nL1N3LC1BL

* US to announce over $300 million in aid for Palestinians in Gaza, West Bank nL1N3LC0GS


SAUDI ARABIA

* Saudi Arabia expects 2024 deficit to widen to 3% of GDP nL1N3LC0OH

* Saudi Arabian FDI stalls at $5.2 bln in second quarter despite reform drive nL1N3LC09L

* Unemployment among Saudi citizens falls to 7.1% in Q2 nL1N3LC075


UNITED ARAB EMIRATES

* ADNOC nears $13 billion deal to buy Germany's Covestro, WSJ reports nL4N3LC1OL

* TAQA Says Masdar Completes Acquisition Of 50% Stake In Terra-Gen Power Holdings II nFWN3LD02W

* ADNOC Drilling, SLB and Patterson-UTI create Turnwell Joint Venture nFWN3LC195

* AD Ports Group Says Maqta Gateway And Presight Sign Strategic Partnering Agreement nFWN3LA049

* EGA Completes Acquisition Of Majority Stake In Spectro Alloys – Statement nFWN3LA09R


QATAR

* Qatar Airways buys into Virgin Australia, raising the stakes against Qantas nL4N3LC1OV


EGYPT

* Egypt edges towards replacement of food subsidies with cash payments nL8N3LC0EQ



(Compiled by Bangalore newsroom)

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