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19 November 09:36 AM
Oil rises on OPEC cut prospects, despite US record supply

Oil edged up on Friday as the Organization of Petroleum Exporting Countries was expected to cut supplies, although record high US production weighed on markets.
Oil settles higher below session-highs
US crude stockpiles climb as oil prices rise
US natural gas storage volume rises as prices dive
Credit conditions negative for Africa, mixed for ME - Moody's
US weekly jobless claims rise 2,000
Jordan Arab Global Commodities
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Volume 3,429,282 Turnover 3,512,900 No. of Trades: 2,130
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Last Update: 18 November 12:30 PM
Latest News
Oil prices down for 6th week Oil and Energy
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Gold up 1.2% for the week Goods and Metals
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US industrial output growth slows in October Global Markets brief
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Volkswagen to boost electrification, autonomous driving investment Global Reports
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Sanctions knocked 6% off Russian economy in last 4 yrs Global Markets brief
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EU urges China to help WTO overhaul Global Markets brief
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European Commission to propose tariffs on Chinese e-bikes Global Reports
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BlackBerry to acquire cybersecurity startup for $1.4bn. Global Markets brief
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Eurozone, EU annual inflation rises 2.2% in October Global Markets brief
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Mexico lifts interest rate on slowing world economy, political uncertainty Global Markets brief
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Mubasher Exclusive
EALB inks 3 deals with Jordanian loan firm
EALB inks 3 deals with Jordanian loan firm Companies Investments
Oil down for 4th week in row Oil and Energy
Hikma Pharmaceuticals’ investments in the Egyptian market range between $250 million and $300 million
Hikma Pharmaceuticals’ Egypt investments near $300m – MD Companies Investments
Kingdom Holding Company’s (KHC) stocks dropped by 7.6% on Sunday before sliding by 5.6% on Monday
Global markets take a hit on Saudi arrests - Report Corruption Global Indices
We are optimistic because of the increasing demand and the stability in the real estate market, Taqi told Mubasher.
DAMAC expects meeting sales targets in 2017 Financial Results
DAMAC has already delivered 1,100 residential units in its DAMAC Hills
DAMAC eyes delivery of 2,800 units in 2017 – Interview Companies Investments
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Islamic Finance
Photo Archive
X8 introduces new tokens for Islamic investors Sukuk and Islamic Finance
The bank issued three-year sukuk at a total value of QAR 700 million
QCB sells bonds, sukuk for QAR 3.6bn Monday Sukuk and Islamic Finance
Nasdaq Dubai welcomes EUR 650m sukuk by Saudi-based IsDB
Nasdaq Dubai welcomes EUR 650m sukuk by Saudi-based IsDB Trading Activities
The sukuk issued in 2013
Alawwal Bank to redeem SAR2.5bn sukuk Management Decisions
Gulf Navigation to proceed with AED 100m sukuk issue
Gulf Navigation to proceed with AED 100m sukuk issue Sukuk and Islamic Finance
The new sukuk will be listed on the London Stock Exchange (LSE)
Tabreed raises $500m sukuk Companies Investments
The issue was divided into three tranches
Saudi Arabia closes SAR 3.25bn sukuk issue – MoF Sukuk and Islamic Finance
Islamic sharia-compliant asset to exceed 2017 $2.4tn value by 2023 - DIEDC
Islamic sharia-compliant asset to exceed 2017 $2.4tn value by 2023 - DIEDC Event
Tabreed to begin dollar-denominated sukuk roadshow
Tabreed to begin dollar-denominated sukuk roadshow Companies Investments
Dana Gas to trim sukuk by October 2019
Dana Gas to trim sukuk by October 2019 - IR head Sukuk and Islamic Finance
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Arab Markets
Egypt issues EGP 1.25bn T-bonds Monday
Egypt issues EGP 1.25bn T-bonds Monday Central Banks
Kuwait’s over-the-counter market logs KWD 3,000 in 1st day of trading
Kuwait’s over-the-counter market logs KWD 3,000 in 1st day of trading Trading Activities
Kuwait Oil inks $1.3bn deal to obtain 86 oil drilling rigs
Kuwait Oil inks $1.3bn deal to obtain 86 oil drilling rigs Companies Investments
Egypt to carry out $550m sanitary project in Dakahlia
Egypt to carry out $550m sanitary project in Dakahlia Companies Investments
Kuwaiti CBK assets rise 22% to KWD 11bn YoY in October
Kuwaiti CBK assets rise 22% to KWD 11bn YoY in October Central Banks
Arab Cotton Ginning trims losses to EGP 2.55m in Q1
Arab Cotton Ginning trims losses to EGP 2.55m in Q1 Financial Results
Burgan Drilling achieved an increase of 69.4% in H1 profits
Burgan Drilling records KWD 940,000 profits in Q2 Financial Results
Work activity at the mentioned entities will resume on Sunday
Kuwait announces Thursday Prophet’s birthday holiday Macroeconomics
Combined Group closed Sunday’s session 5% lower at 360 fils
Combined Group’s unit in UAE offers lowest bids in AED 129m tender Companies Investments
Net profit reached of EGP 35.7 million in the three-month period ended September
Egypt Free Shops Q1 profit hikes 69% Financial Results
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International Markets
Gold trades higher as dollar falls after mid-term election results
Oil prices ease Wednesday on Iran sanction waivers, adequate supply
Iran sanctions waivers, economic slowdown concerns weigh oil prices Tuesday
Turkish inflation hits 15-yr high in October
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