Page 106 - SALIK PR REPORT OCTOBER 2024

contract with Saudi Telecom Company (STC) (7010.SE), opens new tab. STC shares eased
0.2%.

Oil prices were steady after steep declines in the previous session as investors contend
with uncertainty around war in the Middle East and what it means for global supply.

Dubai's main share index (.DFMGI), opens new tab added 0.3%, with blue-chip developer

Emaar Properties (EMAR.DU), opens new tab and toll operator Salik (SALIK.DU), opens
new tab each gaining 0.7%.

In Abu Dhabi, the index (.FTFADGI), opens new tab added 0.1%, helped by a 5.1% jump in
Fertiglobe (FERTIGLB.AD), opens new tab.

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Fertiglobe - the largest producer of nitrogen fertilisers in the Middle East and North Africa -
expects to more than double its net ammonia production capacity as it integrates ADNOC's

portfolio of low carbon ammonia projects following the energy giant's purchase of a
majority stake in the fertiliser maker on Tuesday.

The Qatari benchmark index (.QSI), opens new tab rose 0.3%, with Qatar Islamic
Bank (QISB.QA), opens new tab increasing 0.9%.

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00:13A man burned to death in Palestine. His family is speaking out.

Qatar will hold a rare referendum for citizens to vote on a set of constitutional
amendments, including a proposal that would abandon an effort to introduce elections, its
emir said on Tuesday.

($1 = 3.7542 riyals)

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Reporting by Ateeq Shariff in Bengaluru, Editing by Angus MacSwan

https://www.reuters.com/world/middle-east/major-gulf-markets-gain-ahead-earnings-regional-
conflict-oil-limit-gains-2024-10-16/