Thursday 28 August 2014
 
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exchange

DGCX volumes grow 18pc in July

Trading volumes in the Dubai Gold and Commodities Exchange (DGCX) grew 18 per cent in July from the previous month. It traded 992,061 contracts valued at $29.95 billion during the month. DGCX Gold Futures traded 39,536 contracts in July

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Gold falls below $1,300 as equities gain

Gold broke below the key psychological level of $1,300 an ounce on Thursday as safe-haven demand for the metal eased due to rising Asian equities and strong Chinese manufacturing data. Physical demand in the region, however, incre

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Abu Dhabi exchange signs bonds listing, trading deal

Abu Dhabi Securities Exchange (ADX) has signed an agreement paving the way for bonds and other debt instruments to be listed and traded through the bourse, it said in a statement on Sunday. The introduction of debt listing and tra

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Al Ansari Exchange opens 15 new branches in UAE

Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has opened 15 new branches in the country recently, with an aim to continue its expansion plans.   The recently opened branch

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UAE starts work on exchange of tax data

The UAE has started the second stage of its work on the exchange of information for tax purposes based on the positive assessment made during the Global Forum on Transparency and Exchange of Information. The announcement was made

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Etisalat lists $7bn bonds on Irish Stock Exchange

Emirates Telecommunications Corporation (Etisalat), a leading telecoms operator in the Middle East, Asia and Africa, has completed the listing of its $7 billion Global Medium Term Note (GMTN) programme on the Irish Stock Exchange (ISE). 

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300 top officials take part in exchange congress

More than 300 top financial and corporate officials from around 50 countries took part in the World Exchange Congress in Doha recently.   The strategy and the role of regulatory authorities in the financial marke

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Security beefed up at Bahrain exchange after burglary

Security is being beefed up at a money exchange after it was confirmed it was the target of a botched burglary.   An employee at Nonoo Exchange, on Exhibition Avenue, initially denied there was a break-in and sai

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Staff 'break into' Bahrain money exchange

Staff at a money exchange in Manama had to break into their own place of work yesterday, after a key got jammed in the lock.   It prompted false reports on social media that Nonoo Exchange, on Exhibition Avenue,

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Bitcoin exchange Mt. Gox stops trading

Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns about the future of the unregulated virtual currency.

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