March 15, 2020 / 4:43 AM / 17 days ago

MIDEAST - Factors to watch - March 15

DUBAI, March 15 (Reuters) - 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.


* GLOBAL MARKETS-Late Wall Street rally leads global stocks higher; oil also jumps

* Crude posts biggest weekly losses since 2008, hit by coronavirus and Saudi price war

* MIDEAST STOCKS-UAE leads Gulf stock falls on coronavirus, U.S. travel ban

* PRECIOUS-Gold dives, palladium heads for record weekly decline

* FACTBOX-Latest on the spread of coronavirus around the world

* Trump tests negative for coronavirus, extends travel ban to Britain, Ireland

* Iraq condemns U.S. air strikes, warns of consequences

* Iran security forces to empty city streets to fight coronavirus

* The wrong time to go bust: investors wary of distressed Lebanon debt

* Turkey says agreed with Russia on details of Idlib ceasefire

* Turkey halts flights to 9 European nations over coronavirus

* Israel to use anti-terror tech to counter coronavirus “invisible enemy”

* Yemen suspends all flights for two weeks over coronavirus

* Syria, insisting it is coronavirus-free, takes broad steps to prevent spread

* Morocco suspends flights to and from 21 countries including Egypt, Bahrain and UAE

* Sudan closes schools and universities for one month over coronavirus

* UAE, Saudi central banks roll out $40 billion stimulus for virus-hit economies


* Egypt shuts schools, universities for two weeks as virus cases increase

* Egypt reports 13 new cases of coronavirus, bringing total to 93


* Saudi Arabia suspends international flights for two weeks over coronavirus fears- SPA

* Saudi Arabia floods markets with $25 oil as Russia fight escalates


* UAE cancels events, flights as central bank announces coronavirus fiscal plan

* Dubai closes four theme parks until end of March over coronavirus

* Abu Dhabi changes oil pricing in ‘unprecedented’ market

* HSBC employee in its Dubai office has coronavirus


* Qatar, UAE restrict visas as part of measures to contain virus

* Qatar closes cinemas, gyms and museums over coronavirus fears


* Kuwait closes shopping malls and children’s entertainment centres

* Kuwait asks Muslims to pray at home to halt coronavirus spread


* Motor racing-Formula One to call off Bahrain and Vietnamese GPs -sources

* Bahrain central bank cuts overnight lending rate to 2.45%


* Oman to suspend tourism visas from March 15 for 30 days -coronavirus committee

* ANALYSIS-Currency pegs in Nigeria, Oman in peril after oil price plunge

Compiled by Dubai newsroom

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