The trading volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 28 per cent as compared to the same period last year.
The exchange significantly expanded its Emerging Markets portfolio with four new products and saw the
Aafaq – Islamic Finance, a UAE-based leading Sharia'a-compliant financial institution, has carried out its first transaction on the Nasdaq Dubai Murabaha Platform, which provides Islamic financing services.
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
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
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
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
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
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 &
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
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