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MIDEAST – Factors to watch – Oct 28

Last Updated: October 28, 2025 10:31:04 IST

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-Asia stocks take a breather for earnings, rate calls * Oil edges down as OPEC output plans offset US-China trade optimism * PRECIOUS-Gold reclaims $4,000 level on softer US dollar, rate-cut prospects * MIDEAST STOCKS-Gulf markets mixed on easing US-China trade tensions, tepid earnings * Rubio says Israeli strike on Gaza didn't violate ceasefire * UK's Reeves says she is hopeful for Gulf trade deal 'very soon' * Trump withdraws State Department Middle East nominee, sources say * US envoy Ortagus expected in Lebanon as tensions with Israel spike * Turkey signs deal to buy 20 Eurofighters from Britain for 8 bln pounds SAUDI ARABIA * Saudi's ACWA Power chairman urges politicians to steer clear of economy * Brazil's MBRF signs deal with Saudi firm to boost joint venture, eyes Riyadh listing UNITED ARAB EMIRATES * UAE approves 2026 budget with estimated revenues of 92.4 billion dirhams, prime minister says * BRIEF-ADNOC Drilling Q3 net profit rises * BRIEF-Emirates NBD Completes Finance Lease Facility Of Two A321neo Aircraft For IndiGo * BRIEF-Aldar Announces Develop-To-Hold Projects With Combined Gross Development Value AED 3.8 Bln KUWAIT * BRIEF-Stc Kuwait Q3 Profit 8.5 Million Dinars IRAQ * Iraq boosting oil exports, no impact from oilfield fire, minister says BAHRAIN * Bahrain's sovereign fund, SandboxAQ sign deal to speed up drug discovery with AI (Compiled by Bangalore newsroom)

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