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07 December 09:24 AM

Oil futures mark highest settlement in over 2M on Friday

Mubasher: Oil futures recorded the highest settlement since 17 September on Friday, surging 7.3% for the week. 
Gold settles $18 lower on Friday  
Nevada’s public utilities commission approves $1bn solar project
Saudi Arabia leads OPEC+ to agree on more output cuts
Phoenix Group acquires Swiss Re’s UK unit for $4.3bn
Novak met his Saudi counterpart Prince Abdulaziz bin Salman
Saudi-Russian trade exchange grows 54% in 9M–Novak
Palestine Arab Global Commodities
AL-QUDS
526.84 0.19% 1.02
Volume 230,134 Turnover 507,579 No. of Trades: 67
3 Down 7 Flat 4 Up
No. of Traded Stocks : 14
Last Update: 5 December 01:00 PM
Latest News
Oil futures mark highest settlement in over 2M on Friday Global Reports
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Gold settles $18 lower on Friday   Global Reports
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Nevada’s public utilities commission approves $1bn solar project Global Reports
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Saudi Arabia leads OPEC+ to agree on more output cuts Global Reports
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Kuwaiti oil minister Khaled Al Fadel
Kuwait’s oil minister rebuffs reported OPEC agreement on supply cuts Global Economy
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Phoenix Group acquires Swiss Re’s UK unit for $4.3bn Global Markets brief
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Kuwaiti crude oil settled at $64.43 pb
Kuwaiti oil barrels settle 1.61% higher on Thursday Commodities
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Novak met his Saudi counterpart Prince Abdulaziz bin Salman
Saudi-Russian trade exchange grows 54% in 9M–Novak Global Economy
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Global food prices hit 2-year peak in November Global Indices
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Ten wild predictions that could change global economy in 2020 Oil and Energy
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Founder and CEO of ArabNet, Omar Christidis
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The bank plans to launch “Meeza” cards soon
EALB develops its infrastructure with EGP 1.4bn Banking and Finance
Egypt imported 11 million tonnes of wheat in 2018
Egypt inspects Russian wheat shipments after explosion – Official Macroeconomics
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt pays EGP 14.5bn for local wheat since April Commodities
Egypt has purchased 3.2 million tonnes of local wheat
Egypt’s strategic wheat reserves sufficient for 5M Commodities
The supply ministry aims to buy 3.6 million tonnes of local wheat
Egypt pays EGP 14bn for local wheat since April – Minister Commodities
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt receives 3.2m tonnes of local wheat since April Macroeconomics
‘Ai Everything Summit 2019’ kicked off in Dubai on 30 April
UAE leads GCC in adopting Fourth industrial revolution Real estate
Autonomous transport something that the UAE is already actively involved in
Genomic medicine amid UAE’s goals in Fourth Industrial Revolution – Colliers International Agreements
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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 Trading Activities
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
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Photo Archive
Advanced Petrochemical redeems SAR 1bn Sukuk Sukuk and Islamic 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
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Arab Markets
Oil futures mark highest settlement in over 2M on Friday Global Reports
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 Oil and Energy
Aldar Properties added 0.46%
Aldar Properties boosts ADX in week Stock Evaluations
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 Global Reports
A company specialised in desalinating and treating water will be established
Egypt’s NOMP, IDWT to establish new water treatment firm
The EGX100 index levelled down by 1.4%
EGX’s market cap loses EGP 10bn in week Trading Activities
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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
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