Monday 20 October 2014
 
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Saudi Aramco trades first fuel oil derivative on Platts

Saudi Aramco traded its first fuel oil derivative on Platts and is expected to become more active in its paper trading activities, sources said.   Saudi Aramco Products Trading Co (Aramco Trading) sold a November

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Bahrain real estate trading surpasses $2.6bn

Bahrain’s total real estate trading between January and September-end has passed BD1 billion ($2.6 billion), an increase of 45 per cent compared to the same period last year, it has been revealed. Shaikh Salman bin Abdulla A

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Bahrain Bourse trading volumes surge on new initiatives

Bahrain Bourse (BHB) has seen 197 per cent increase in trading volumes and 104 per cent rise in values in the first half of the year when compared with the same period last year, a top official has said. “The increase was la

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DME Oman trades below $100/b

Dubai Mercantile Exchange (DME), the Middle East's premier international energy futures and commodities exchange, said its flagship Oman Crude Oil Futures Contract (DME Oman) has traded below $100/b (per barrel) for the first time in over a

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New margin trading rules take effect in Bahrain

New market rules that allow margin trading and non-Bahraini brokers to trade will come into effect from today (September 1) at the Bahrain Bourse (BHB). A key provision is that non-Bahraini brokers licensed by capital market regul

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DFM enrols 5 brokerage firms for margin trading

Dubai Financial Market (DFM) has accredited five brokerage firms to provide margin trading, lifting the total number of firms providing this service to 24. The firms include Al Safwa Islamic Financial Services, Global for Shares &

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DME approves Rabobank to issue LCs from Singapore

Dubai Mercantile Exchange (DME) has approved Rabobank, a Dutch multinational banking and financial services company, to issue Letters of Credit (LCs) for trading directly from Singapore. Rabobank will issue LCs directly from Singa

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DFM Q2 profit more than triples on higher volume

The net profit of Dubai Financial Market (DFM), the Gulf's only listed bourse, more than tripled in the second quarter on higher trading volume, the exchange said on Thursday.   The firm, which runs securitie

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Bahrain Bourse launches new trading platform

A new trading platform at Bahrain Bourse (BHB) will pave the way for linkages between the equity markets of the GCC, top officials have said.   Launched by Finance Minister and Minister in charge of Oil and Gas A

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Real estate trading up 44 pc in Bahrain

Bahrain has made a major leap in real estate trading in the first half of this year.   The total real estate trading amounted to BD722.6 million ($1.9 billion), an increase o

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