The number of cargoes traded during a pricing process for Middle East crude exports to Asia hit an all-time high in August after Chinaoil bought another four cargoes on Friday, traders said.
Dubai World Central (DWC) recorded a 262.5 per cent surge in freight volumes to 758,371 tonnes last year as compared to 209,209 tonnes the previous year, at its Al Maktoum International Airport, according to a recent report.
The Dubai Gold and Commodities Exchange (DGCX) recorded a 19 per cent growth in volumes in November, as compared to the same period last year, training more than 980,000 contract, valued at $28.5 billion.
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
The cargo volumes of Middle Eastern carriers grew 17 per cent in September, a strong result as compared to their average growth in demand for the year-to-date of 10.1 per cent, according to recent data.
The International Air Trans
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
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
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