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
Saudi Arabia-based telecom operator Mobily has doubled the volume of data to become 20GB for the new subscribers in Connect 4G 10GB package, on the occasion of the holy month of Ramadan.
Mobily is offerin
Dubai’s gold trade volumes should continue to grow so long as the emerging middle classes in Asia continue to grow and prosper, said an expert.
John Hathaway, a US-based analyst and portfolio manager for
Dubai Mercantile Exchange (DME) has recorded daily average trading volumes of 10,764 lots in February, up 84 per cent compared to the same period last year.
The volume, which is equivalent to nearly 10.7 million barrels of crude o
DP World handled 55 million TEU (20-foot equivalent units) across its global portfolio of container terminals the last year, with gross container volumes growing by 0.7 per cent on the previous year.
The second half of the year de
UAE’s national carrier Etihad Airways said it has achieved double-digit growth, the highest ever passenger and cargo volumes in 2013.
Nearly 12 million people flew with Etihad last year, marking a significant increase of abo
Dubai Mercantile Exchange (DME) has recorded 80 per cent higher trading volume in November, as compared to the same period last year.
It recorded an average daily trading volume of 7,450 lots in November, equivalent to almost 7.5
Dubai Mercantile Exchange (DME) has recorded average daily trading volumes (ADV) of 7,381 in July, equivalent to about 7.4 million barrels of oil a day.
The record surpasses the previous record of 6,978 ADV set in June and is 36 p
The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Mena region, has achieved a major milestone with its total trading turnover surpassing the $250 million mark.
Announcing the completion of three months of successf
The trade volume between the UAE and South Korea reached $23 billion in 2011 according to new figures released ahead of the inaugural ‘Made in Korea’ (MIK) exhibition to be held in Abu Dhabi.
These figures create a favorable backdrop to th