1) Al Jouf Cement Co. did not hold its extraordinary general meeting (EGM) slated for Jan. 7 due to the lack of quorum.
2) City Cement appointed GIB Capital as the financial advisor for its planned capital reduction.
3) Arabian Aramco Total Services Co. (AATSC) said that its parent firm, Saudi Aramco Total Refining and Petrochemical Co. (SATORP), will perform scheduled maintenance activities for the Refinery Train 2 units, starting Jan. 13, 2020.
4) The Capital Market Authority (CMA) approved the securities central counterparties regulations and amended the glossary of terms used in the regulations, which will come into effect as of the date of publication.
5) Brent crude on Thursday gained 48 cents to reach $65.92 per barrel whereas WTI Crude also increased 52 cents to reach $60.13/bbl.
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