Cargo volumes at the Al Maktoum International at Dubai World Central has continued to rise sharply in the first three months of the year, propelling the airport into the world’s 20 busiest international cargo hubs for the first time.
The Middle East is set to be the fastest growing region between 2014 and 2018 for air cargo an annual growth rate of 4.7 per cent, according to the International Air Transport Association (Iata) Airline Industry Forecast 2014-2018.
The Dubai Gold and Commodities Exchange (DGCX) has recorded a 24 per cent growth in May as compared to the previous month, aggregating more than one million contract at $31.5 billion.
The currency segment was t
Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in the first half of the year registered a year-on-year growth of 101 per cent, reaching 7.71 million contracts valued at $268.85 billion.
The significant increase
March volumes on the Dubai Gold and Commodities Exchange (DGCX) almost doubled from last year, pushing first quarter contract volumes past three million, marking an increase of 112 per cent from the same period last year.
DP World, the Dubai-based global marine operator, has seen a 9.5 per cent jump in gross volumes in the first quarter handling 13.8 million TEU (twenty-foot equivalent units) across its global portfolio of marine terminals, said a top official.
The volumes traded in the Indian Rupee-Dollar futures contract listed on the Dubai Gold and Commodities Exchange (DGCX) hit a record high in March, said a clearing broker member at the exchange.
Trust Securities DMCC said the trading
Dubai's foreign trade volumes surged 22 per cent in 2011 to hit the Dh1 trillion ($272.2 billion) landmark for the first time in its history compared to Dh902 billion the previous year, said a top government official.
Announcing the re
March volumes on the Dubai Gold and Commodities Exchange (DGCX) registered a growth of 141 per cent from the previous year to reach 550,735 contracts, the highest ever monthly volumes achieved by the Exchange.
March volumes represent a val
November volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 121 per cent year-on-year to reach 423,945 contracts, valued at $17.15 billion.
Year-to-date volume in 2011 also increased 106 per cent on 2010 levels to reach 3,629,4