ENBD, Naeem Shares partner for clearing servicesEmirates NBD (ENBD), a leading bank in the region, said that it will provide clearing services to UAE-based Naeem Shares and Bonds. Emirates NBD is the first UAE-based financial services entity to be approved by ‘SCA - Secur More… |
ABN AMRO becomes Dubai Commodities clearing memberDubai Gold and Commodities Exchange (DGCX) has welcomed ABN AMRO Clearing Bank NV as a special clearing member on Dubai Commodities Clearing Corporation (DCCC). DCCC is a wholly owned subsidiary of DGCX and acts as central counter More… |
Gulf Bank reinforces new electronic cheque clearing systemCustomers of Kuwait's Gulf Bank who print their cheques through external vendors have been advised to discontinue the practice at the earliest and only print cheques through authorised vendors. The new advisory comes in line w More… |
DCCC expands collateral basket to include major currenciesThe Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold and Commodities Exchange (DGCX), said that clearing members will now be able to deposit cash collateral to the corporation in the form of eur More… |
Port delays in Bahrain ‘won't hit perishable products’Fears that perishable goods arriving at Khalifa Bin Salman Port in Bahrain could spoil due to delays clearing customs have been allayed. Officials from the Bahrain Chamber of Commerce and Industry (BCCI) said yesterday (May 27) th More… |
Port delays in Bahrain ‘won't hit perishable products’Fears that perishable goods arriving at Khalifa Bin Salman Port in Bahrain could spoil due to delays clearing customs have been allayed. Officials from the Bahrain Chamber of Commerce and Industry (BCCI) said yesterday (May 27) th More… |
Qatar to open Chinese yuan clearing centre in AprilThe Middle East's first hub for clearing transactions in the Chinese yuan is set to open in Doha, Qatar next month. Speaking at the annual MEED Qatar Projects Conference, Sheikh Abdullah Saoud Al-Thani, governor of Qatar Centr More… |
Advantage Futures joins DME as clearing memberAdvantage Futures, a leading futures brokerage firm, has been approved as a clearing member of the Dubai Mercantile Exchange, a leading energy futures exchange in the Middle East. As a clearing member, Advantag More… |
DGCX seals Cinnober partnership dealDubai Gold & Commodities Exchange (DGCX) said it has joined forces with top global trading technology provider, Cinnober Financial Technology to enhance its trading and clearing platform. Sweden-based Cinnober is a major global supplie More… |
BFX names BMI Bank as trading memberThe Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Mena region, has appointed BMI Bank as a trading and clearing member of BFX. BMI Bank is a Bahraini retail bank offering a full range of retail and commercial bank More… |