UAE
Tawasul
Mubasher TV
 Contact Us Advertising   العربية
UAE
DFM Closed
ADX Closed
07 December 05:44 PM

OPEC+ output cuts may be eased on drop in inventories

Mubasher: OPEC+ output cuts are expected to be eased after global inventories drop and prices reflect a tighter market, Saudi energy minister said.

Oil futures mark highest settlement in over 2M on Friday
Gold settles $18 lower on Friday  
The kingdom will also extend a voluntary cut of 400,000 bpd
Saudi Arabia to add 167,000 bpd to its oil output cut quota
Nevada’s public utilities commission approves $1bn solar project
Aldar Properties added 0.46%
Aldar Properties boosts ADX in week
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,694.71 -0.03% -0.91
Volume 137,467,109 Turnover 134,625,844 No. of Trades: 2,026
13 Down 4 Flat 13 Up
No. of Traded Stocks : 30
Last Update: 5 December 01:59 PM
ADI
5,046.61 -0.03% -1.36
Volume 27,606,621 Turnover 113,151,391 No. of Trades: 1,393
11 Down 4 Flat 10 Up
No. of Traded Stocks : 25
Last Update: 5 December 02:00 PM
Latest News
OPEC+ output cuts may be eased on drop in inventories Oil and Energy
`
Oil futures mark highest settlement in over 2M on Friday Global Markets brief
`
Gold settles $18 lower on Friday   Global Reports
`
The kingdom will also extend a voluntary cut of 400,000 bpd
Saudi Arabia to add 167,000 bpd to its oil output cut quota Macroeconomics
`
Nevada’s public utilities commission approves $1bn solar project Global Markets brief
`
Aldar Properties added 0.46%
Aldar Properties boosts ADX in week Trading Activities
`
The consumer staples sector went down by 2.43%
DFM loses 17 pts in week; Market cap hits AED 365.7bn Trading Activities
`
Saudi Arabia leads OPEC+ to agree on more output cuts Oil and Energy
`
Kuwaiti oil minister Khaled Al Fadel
Kuwait’s oil minister rebuffs reported OPEC agreement on supply cuts Commodities
`
Phoenix Group acquires Swiss Re’s UK unit for $4.3bn Global Reports
`
More
Mubasher Exclusive
The UAE leads Saudi Arabia's trade partners in the region
KSA trade with Arab countries nears $29bn in 9M Macroeconomics
Founder and CEO of ArabNet, Omar Christidis
Arabnet Riyadh 2019 is packed with initiatives – CEO Interview Event
Global Business Forum 2019 hosted 350 bilateral business meetings
Recap of ‘Day 2’ in Global Business Forum Africa 2019 – Mubasher Sector Reports
GBF Africa 2019 kicked off on Monday, 18 November
Recap of ‘Day 1’ in Global Business Forum Africa 2019 – Mubasher Event
Vice chairman of Mubasher Capital Ehab Rashad
MubasherTrade eyes 200% capital raise – Interview Macroeconomics
Hatem Sleiman, Regional Vice President - Middle East, Pakistan & Afghanistan, Western Union
Sleiman in Interview – Western Union starting to leverage platform in new ways Banking and Finance
By 12:30 pm UAE time, the stock rose by 1.38% to AED 2.2
Aldar Properties' stock hits highest level since September on Thursday Real estate
The stock rose by 0.38% to AED 5.34
DIB’s stock rises on 9M financial results early Wednesday Stock Evaluations
The CBUAE’s gold reserves accounted for nearly 110.23% of its total assets
UAE gold reserves hit AED 2.24bn in 8M Central Banks
By 11:15 am, the stock rose by 1.53% to AED 1.99
Arabtec’s stock hits highest level in 4M in Monday’s mid-trade Stock Evaluations
More
Islamic Finance
The agreement is set to allow for the exchange of knowledge and experience
Dubai IEDC, Saudi Islamic Economics Institute sign cooperation pact Sukuk and Islamic Finance
Nasdaq Dubai became a multi-currency listing hub
Nasdaq Dubai welcomes listing of EUR 1bn green sukuk by Saudi IsDB Banking and Finance
CIAF Leasing will be the issuer of $50 million worth of sukuk
Egypt to issue 1st corporate sukuk in weeks – FRA official Sukuk and Islamic Finance
KIB will manage QIIB’s $300 million sukuk issuance
KIB named as manager of QIIB’s $300m sukuk issuance Sukuk and Islamic Finance
ICD Headquarters - Jeddah, Saudi Arabia
ICD signs $10m finance deal with Uzbekistan’s AAB Banking and Finance
Ministry of Finance
Saudi Arabia closes November Sukuk issuance Sukuk and Islamic Finance
Banks providing the finances are led by Samba Financial Group
Arabian Centres inks $1.4bn Murabaha, Ijara deals Sukuk and Islamic Finance
The five-year Sukuk certificates have a 5.375% return
Arabian Centres issues $500m Sukuk Sukuk and Islamic Finance
Photo Archive
Advanced Petrochemical redeems SAR 1bn Sukuk Banking and Finance
The purpose of the SAR 100 million bank facility is to finance assigned projects
Al Moammar, Albilad ink Islamic finance deal Banking and Finance
More
Arab Markets
OPEC+ output cuts may be eased on drop in inventories Oil and Energy
Oil futures mark highest settlement in over 2M on Friday Global Reports
Gold settles $18 lower on Friday   Global Markets brief
The kingdom will also extend a voluntary cut of 400,000 bpd
Saudi Arabia to add 167,000 bpd to its oil output cut quota Macroeconomics
Nevada’s public utilities commission approves $1bn solar project Global Markets brief
Aldar Properties added 0.46%
Aldar Properties boosts ADX in week Trading Activities
The consumer staples sector went down by 2.43%
DFM loses 17 pts in week; Market cap hits AED 365.7bn Stock Evaluations
IPO price was fixed at SAR 32 per share
Saudi Aramco shares to kick off trading next Wednesday Trading Activities
Saudi Arabia leads OPEC+ to agree on more output cuts Oil and Energy
A company specialised in desalinating and treating water will be established
Egypt’s NOMP, IDWT to establish new water treatment firm
More
International Markets
Global food prices hit 2-year peak in November
Ten wild predictions that could change global economy in 2020
Gensource Potash Corp drills new well in Canadian area
Pop singer Akon “serious” taking on Trump in 2020 race
Register to Mubasher Info Be Part of the Success (A Part of the Mubasher Family) With one account you can:
  • Create Your Own Portfolio
  • Follow Favorite Stocks
  • Get Mubasher News Instantly
  • Find Breaking News on the Spot
  • Subscribe to Mubasher's Newsletters
  • Get Notified with Stocks' & Markets' Latest News
Join Now