Page 408 - SALIK ENGLISH PR REPORT NOVEMBER 2024

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Meanwhile, the kingdom posted a budget deficit of 30 billion riyals ($8 billion) in the third
quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on
revenue.

Dubai's main share index (.DFMGI), opens new tab eased 0.2%, with toll operator Salik
Company (SALIK.DU), opens new tab losing 1.2%, while Sharia-compliant lender Dubai
Islamic Bank (DISB.DU), opens new tab fell 0.2%, ahead of its earnings announcement.

In Abu Dhabi, the index (.FTFADGI), opens new tab was flat.

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00:07Protests in Israel after defense minister Gallant fired

Oil prices - a catalyst for the Gulf's financial markets - traded in a narrow range ahead of
what is expected to be an exceptionally close U.S. presidential election, after rising more
than 2% in the previous session as OPEC+ delayed plans to hike production in December.

The Qatari benchmark index (.QSI), opens new tab added 0.1%, helped by a 0.4% rise in
Qatar Islamic Bank (QISB.QA), opens new tab.
($1 = 3.7562 riyals)

https://www.reuters.com/world/middle-east/major-gulf-markets-mixed-ahead-us-election-2024-
11-05/