Saturday 29 April 2017
 
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DGCX volumes continue growth in February

Daily trading volumes on the Dubai Gold & Commodities Exchange (DGCX) in February amounted to 62,844 contracts per day, the exchange said. Trading activity on the exchange’s Indian products remained consistent on the back of i

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DGCX contracts value hits $33bn in January

The Dubai Gold and Commodities Exchange (DGCX) traded an aggregate 1.37 million contracts in the month of January, valued at $33billion. In the US, President Trump’s inauguration and his administration’s immediate poli

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Finance House Securities launches mobile trading app

Abu Dhabi-based Finance House Securities (FHS), the brokerage arm of Finance House (FH), has launched its new mobile trading application. The application, one of the first to be developed in the UAE markets, grants FHS clients acc

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SCB China launches trading for UAE, Saudi currencies

Standard Chartered Bank (China) (SCB China) has launched a direct trading business for RMB/AED and RMB/SR and the bank becomes the first batch of direct trading market-makers for RMB against AED and SR in China’s inter-bank FX market.

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Descartes solution helps screen global customers

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that Emerald Performance Materials, a producer of specialty chemicals for food and industrial applications, is using the Descartes MK Dyn

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US multinational 3m gets Saudi trading licence

US-based multinational company 3M, a leader in developing innovative solutions, has been granted a trading licence by the Saudi Arabian government. With this approval, the global, science-based company has become one of only three

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US multinational 3m gets Saudi trading licence

US-based multinational company 3M, a leader in developing innovative solutions, has been granted a trading licence by the Saudi Arabian government. With this approval, the global, science-based company has become one of only three

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Kuwait suspends trading in Agility shares

Shares in Kuwait's Agility were suspended on Wednesday until the company responded to what was published in news reports, the Kuwaiti bourse said in a statement without specifying the nature of the press articles. The largest

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Heavy trading predicted around Brexit vote

US stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union. The June 23 vote could have big implications for the global e

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Menacorp DFM’s top brokerage firm for Q1

UAE-based Menacorp, a leading financial services firm, has secured the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016. Menacorp has maintained this l

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