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23 July 2024

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More currencies likely on DGCX futures list

The Dubai Gold and Commodities Exchange (DGCX), the first exchange in the region to trade futures in commodities, is

Lankans holding foreign passports can buy land

People of Sri Lankan origin currently holding foreign passports are to be granted concessions to invest in the real

DIB foreign ownership limit raised to 25%

Dubai Islamic Bank (DIB) on Tuesday announced that Foreign Ownership Limit allowed for the bank has been increased by

China sets plan to halt further decline in FDI

China's Commerce Ministry has submitted a proposal to the state council pleading for top authorities to take measures

IPL6: Rajasthan Royals fined $18.8m for forex breach

Owners of Indian Premier League side Rajasthan Royals were on Monday slapped with a fine of one billion rupees ($18.8

DIFX plans to offer derivatives trading

The Dubai International Financial Exchange (DIFX) plans to offer futures and options based on stocks listed on the

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Al Razouki Exchange opens 3 new branches in UAE

Al Razouki International Exchange has opened three new branches in Abu Dhabi and Dubai, taking total number of branches

UAE Exchange applies for small bank licence in India

UAE Exchange, a money transfer and foreign exchange firm, has applied again for a small banking licence in India in a

UAE Exchange bids for finance company Dunia: sources

UAE Exchange, a global remittance and foreign exchange business headquartered in Abu Dhabi, is among bidders for

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JRG, UAE Exchange launch cash transfer system

JRG International DMCC on Sunday launched a multi-currency cash management and transfer system in partnership with UAE

Foreign banks pour funds amid dollar speculation

Foreign banks are pouring funds into the Gulf amid growing speculation that regional oil heavyweights could finally be

ADX in custody deal with Deutsche Bank

The Abu Dhabi Securities Exchange (ADX) yesterday signed a custody agreement with Deutsche Bank as the burgeoning