Thursday 11 February 2016
 
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trading

Sico retains top broker status on Bahrain Bourse

Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, has retained its status as the leading broker on the Bahrain Bourse (BHB) for the 17th consecutive year.  

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Oil falls ahead of key producer meeting

Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed with concerns about a growing supply glut. After a volati

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Bahrain Bourse launches market for treasury bills

Bahrain Bourse has launched the Treasury Bills Market, adding it to the markets for trading.   Yusuf Abdullah Humood, BHB’s chairman, said that in this market, Treasury Bills issued by the Government of Bah

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Saudi NCB wins approval for derivatives unit

National Commercial Bank , Saudi Arabia's largest lender, has received regulatory approval to set up a subsidiary to engage in derivatives trading and repo activities, the lender said on Tuesday. The Cayman Islands-based unit,

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New Damen Trading website launched

The new website for Damen Trading, the brokerage department of the Damen Shipyards Group, integrates Damen corporate house-style as well as an improved profile of services that includes registration, transport and even vessel modifications if

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New Damen Trading website launched

The new website for Damen Trading, the brokerage department of the Damen Shipyards Group, integrates Damen corporate house-style as well as an improved profile of services that includes registration, transport and even vessel modifications if

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Aramco Trading Company expands operations into Singapore

Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products, joining a growing number of companies setting up shop in the city-state, industry sources said.  

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Hikma cuts full-year generics revenue forecast

Drugmaker Hikma Pharmaceuticals said trading in its generics unit was below its expectations due to slower-than-anticipated growth in the sales of its gout drug and cut its full-year revenue forecast for the unit. Hikma now expect

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DGCX trading volumes up 36pc in Q3

Dubai Gold and Commodities Exchange (DGCX), a leading derivatives bourse, said its trading volumes in the third quarter of the year grew 36 per cent from the last quarter, with more than 4.1 million contracts.  

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Glencore sees 'spectacular growth' in LNG trading

Mining and trading giant Glencore is mounting a challenge to Trafigura and Vitol to become the top merchant trader of liquefied natural gas (LNG), as a market in which sales are largely frozen in decades-long contracts looks set to thaw.

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