Tuesday 21 October 2014
 
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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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$1.2bn Bapco investment boosts value products

A decade-long $1.2 billion strategic investment programme has enabled Bahrain Petroleum Company (Bapco) to produce increased volumes of higher value products, the company's chairman has said. Speaking on the sidelines of the o

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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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Mobily doubles data volume for new subscribers

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

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Dubai gold trade volumes to grow: expert

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

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DME trading volumes up 84pc

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

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DP World container volume grows

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

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Etihad soars high with double-digit growth

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

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DME sets new trading records

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

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DME hits trading record

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

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