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13 November 08:23 AM

Gold slips as investors await US-China trade progress signals

Mubasher: Gold fell, ahead of US President Donald Trump's speech, in which investors hoped he would signal progress on the trade negotiations with China.
Oil advances amid anticipation for Trump’s speech
OPEC+ allies could extend oil supply cuts–Oman’s oil minister
UK industrial output stagnates in Q3
UK economy dodges recession in Q3 despite September contraction
Gold edges up on US-China trade fears, global slowdown
Iraq Arab Global Commodities
ISX60
481.80 -0.19% -0.92
Volume 3,062,914,515 Turnover 3,224,951,491 No. of Trades: 463
8 Down 19 Flat 4 Up
No. of Traded Stocks : 31
Last Update: 12 November 10:30 AM
Latest News
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UK lawmakers to approve Brexit deal–Germany’s Merkel Global Markets brief
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German investor morale improves in November Global Reports
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UK employment posts biggest decline in 4 yrs Global Reports
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Exchange companies registered profits of KWD 13.77 million by September
Kuwaiti exchange companies’ profits down 4% in 9M Central Banks
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Former Uber head Kalanick sells $547m of shares Global Markets brief
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Moody’s issues ‘negative’ global sovereign rating outlook Global Reports
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Gold slips as investors await US-China trade progress signals Global Markets brief
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Oil advances amid anticipation for Trump’s speech Global Markets brief
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Mubasher Exclusive
Hatem Sleiman, Regional Vice President - Middle East, Pakistan & Afghanistan, Western Union
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Egypt imported 11 million tonnes of wheat in 2018
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Dana Gas is considering new discoveries at El Matareya Concession in Egypt later this year
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Egypt has purchased 3.2 million tonnes of local wheat
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The supply ministry aims to buy 3.6 million tonnes of local wheat
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Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt receives 3.2m tonnes of local wheat since April Commodities
‘Ai Everything Summit 2019’ kicked off in Dubai on 30 April
UAE leads GCC in adopting Fourth industrial revolution Global Economy
Autonomous transport something that the UAE is already actively involved in
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The greenback recorded around EGP 17.24 for buying and EGP 17.35 for selling on Thursday
Will USD hover below EGP 17 at national banks? – Analysis Currencies
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Islamic Finance
The sukuk issue was oversubscribed by 6x
ADX lists $500m sukuk issued by Aldar Properties’ unit Sukuk and Islamic Finance
Moody’s assigned Ba1 rating to Arabian Centres
Moody’s assigns Ba2 rating to Arabian Centres’ dollar sukuk; Outlook stable Ratings
Arabian Centres hired Goldman Sachs and HSBC
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The sukuk offering will be subject to the approval of the relevant regulatory authorities
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Photo Archive
KPC obtains KWD 350m financing from local banks Banking and Finance
Arabian Centres tends to have more flexible and unsecured public markets financing
Arabian Centres approves sukuk issuance Corporate Actions
Total sukuk listed in Dubai hit $63.7bn
Nasdaq Dubai welcomes $750m sukuk listed by Sharjah Macroeconomics
The new sukuk is due in 2029
Saudi Arabia hires banks for $2.5bn sukuk issuance Banking and Finance
The issuance size was set at SAR 7.265 billion
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Arab Markets
Net sales grew to EGP 173.5m in 4M
Arab Drug‘s profit balloons in 4M Financial Results
The firm turned to loss in 9M/19
Al Masaken International’s loss deepens in Q3-19 Real estate
Branch of Attijariwafa Bank Egypt
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Assets hit EGP 99.66bn during October
Faisal Islamic Bank’s business volume grows 16% YoY in October Financial Results
Profit decreased to KWD 4.18m in 9M
KGL Logistics’ profit levels down 29% YoY in Q3-19 Financial Results
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Advanced Technology’s profit shrinks 71% YoY in Q3-19 Financial Results
Net profits tumbled to EGP 16.77 million
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Properties in Kuwait
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International Markets
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