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13 December 10:48 PM

Oil futures end 89 cents higher on Friday

​​​​​​​Mubasher: Oil futures went up at Friday’s settlement, rising 1.5% for the week, as US President Donald Trump announced reaching a trade agreement with China.
Gold levels up $9 at Friday’s end, records weekly gain
US, China agree to stop drums of trade war
Global Thermal Paper Market to reach $5.5bn by 2025
World’s rare earths market to hit $5.62bn in 5 years
Telenor chooses Ericsson to build Norway’s 5G network
Egypt Arab Global Commodities
EGX30
13,358.47 -6.04% -859.34
Volume 18,160 Turnover 121,086 No. of Trades: 10
No. of Traded Stocks : 0
Last Update: 12 December 02:29 PM
Latest News
Oil futures end 89 cents higher on Friday Global Indices
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Gold levels up $9 at Friday’s end, records weekly gain Goods and Metals
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US, China agree to stop drums of trade war Global Indices
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Global Thermal Paper Market to reach $5.5bn by 2025 Global Economy
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Chinese education market to produce $572bn in 4 years Global Markets brief
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World’s rare earths market to hit $5.62bn in 5 years Global Markets brief
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Telenor chooses Ericsson to build Norway’s 5G network Global Markets brief
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Domestic consumption fell to 31 million tonnes
Egypt’s petroleum consumption declines 8m tonnes in 4 years Macroeconomics
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Kuwait crude oil settled at $65.60 per barrel
Kuwaiti oil barrels end Thursday at $65.60 pb–KPC Commodities
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Benban's solar power plants have a1,465-mega-watt total capacity
Investments in Egypt’s Benban solar park total $2.2bn
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More
Mubasher Exclusive
Egypt's retail loan portfolio reached EGP 86.3 billion
NBE targets further EGP 38bn SME funding by end FY19/20 – Interview Banking and Finance
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview Trading Activities
Tribal Credit recently closed a $5.5 million Seed round
How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi Companies Investments
The reduction will range from EGP 6,000 to a maximum of EGP 10,000
Egypt to witness price reduction in three car models by 2020 Sector Reports
Sawiris set the mastering plan for Andermatt
Except for El Gouna, all projects came by coincidence – Samih Sawiris in RiseUp Macroeconomics
Defaulting factories in Egypt have reached a total of 1,900
Total debt of 1,900 defaulting factories hits EGP 3.5bn–NBE Banking and Finance
This service will be launched by the first quarter of 2020
I-Score mulls 3 European offers for ‘Nano Loans’ app Banking and Finance
The project will feature residential buildings and a shopping mall
Heliopolis Housing plans EGP 4bn urban project in New Heliopolis Real estate
The company is in talks with four local banks over EGP 200 million loan
Vitas Egypt for Micro Finance to inject EGP 300m funding in 2020 Companies Investments
The story of Fawry was featured in the 2019 RiseUp Summit
Fawry encourages startups to consider listing on EGX Event
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Islamic Finance
Central Bank of Egypt
Egypt mulls 3 green, Islamic bond offerings in FY19/20 Macroeconomics
This move is part of the real estate developer’s efforts to diversify its financing sources
Talaat Moustafa’s unit gears up to issue EGP 2bn sukuk Sukuk and 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 Macroeconomics
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 Sukuk and Islamic 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
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Arab Markets
Oil futures end 89 cents higher on Friday Global Reports
Gold levels up $9 at Friday’s end, records weekly gain Global Markets brief
The initiative will support knowledge transfer
DEWA launches 2nd phase of inclusion initiative for people of determination Macroeconomics
Contracts are set to be signed before year-end
Saudi Mawani announces joint contracts with DP World, Red Sea Gateway Companies Investments
US, China agree to stop drums of trade war Global Markets brief
The telecom sector sank 0.12%
ADX loses 8.6 pts in week; Market cap amounts to AED 516.3bn Stock Evaluations
Emirates NBD surged 5.4%
DFM achieves highest level in 6 weeks Trading Activities
Global Thermal Paper Market to reach $5.5bn by 2025 Global Economy
The All-Share Market index grew 77 points
Boursa Kuwait’s indices see varied performance in week Stock Evaluations
The banking sector added 2.29%
Bahrain Bourse rises 20 pts in week Trading Activities
More
International Markets
Oil futures end 89 cents higher on Friday
Gold levels up $9 at Friday’s end, records weekly gain
US, China agree to stop drums of trade war
Global food prices hit 2-year peak in November
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