Page 11 - Commodities Authority News Today

The Dubai Gold & Commodities Exchange (DGCX), the most

The goal is to align auditing practices with global standards

The Dubai Gold & Commodities Exchange (“DGCX”), the largest and most diversified derivatives exchange in the Middle East, today announced the launch of the GCC’s first Shari’ah Compliant Silver Spot Contract (“DSSC”), aimed at providing investors with a r

The Dubai Gold & Commodities Exchange (DGCX), the most diversified derivatives exchange in the Middle East, has launched the GCC’s first Shari’ah Compliant Silver Spot Contract (DSSC).

DUBAI, 24th October, 2023 (WAM) -- The Dubai Gold and Commodities Exchange (DGCX) today announced the launch of the GCC's first Shari'ah Compliant Silver Spot Contract (DSSC), aimed at providing investors with a reliant and transparent platform for trading the white metal.Having received regulatory approval from the UAE Securities and Commodities Authority (SCA), the new contract will be available for trading from 27th October 2023. DGCX will also waive its DSSC contract fees until 31s...

ABU DHABI, 24th October, 2023 (WAM) -- The Ministry of Economy (MoEc) has signed a Memorandum of Understanding with the Securities and Commodities Authority (SCA) and the Economic Security Centre of Dubai to enhance oversight and supervision of auditors working for public joint-stock companies listed in the UAE's financial markets and local investment funds.The MoU aims to support the development of the auditing profession in the country following global best practices.The MoU was signed by...

ABU DHABI, 24th October, 2023 (WAM) – Investcorp Capital plc has announced its intention to proceed with an IPO of 643,000,000 ordinary shares with a nominal value of USD 0.50 (equivalent to AED 1.84) each representing approximately 29.34% of its issued share capital post issuance of the new shares and to admit its shares for listing and trading on the Abu Dhabi Securities Exchange (ADX).The company plans to offer 321,500,000 new shares while 321,500,000 shares will be sold by selling sharehol...

ABU DHABI, 20th October, 2023 (WAM) -- The CEOs Consultative Council of the UAE Banks Federation, representing the unified voice of UAE banks, held its second meeting of 2023 under the leadership of Mohamed Omran Al Shamsi, Vice Chairman of the Board of Directors of UAE Banks Federation and Chairman of RAK Bank. The meeting focused on developments in the banking and financial sector and the progress made in implementing the Federation's strategies and plans for the current year.During the m...

The CEOs Consultative Council of the UAE Banks Federation, representing the unified voice of UAE banks, held its second meeting of 2023 under the leadership of Mohamed Omran Al Shamsi, Vice Chairman of the Board of Directors of UAE Banks Federation and Ch

KUALA LUMPUR, Malaysia, Oct. 20, 2023 (500NewsWire) -- After much anticipation, ATFX's fourth-quarter "Trader Magazine" has made its grand debut. As the last quarter of 2023, ATFX's global analysts...