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Bank of China appointed as Dgcx Settlement Bank

Dubai / WAM Dubai Gold and Commodities Exchange (DGCX) has announced the appointment of the Bank of China, BOC, as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) which is a wholly owned subsidiary of DGCX. With the addition of Bank of China, DCCC has expanded its network of Settlement Banks to five with Emirates NBD, Standard Chartered, HSBC ...

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UAE airspace sees 4.9% hike

Dubai / WAM Total air traffic movements in UAE airspace reached 72,510 last month, according to the Sheikh Zayed Air Navigation Centre’s latest report. The UAE General Civil Aviation Authority, GCAA, announced that air traffic movements in the UAE witnessed an increase of 4.8 percent in February 2016 compared with the same period last year. February report indicates that Dubai ...

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DEWA, Dutch officials meet

AMSTERDAM / WAM A delegation from Dubai Electricity and Water Authority (DEWA) has met Dutch officials from the Kingdom of the Netherlands while making an official visit. The delegation, headed by Saeed Mohammed Al Tayer, MD and CEO of DEWA, met officials from the public and private sectors in both Rotterdam and Amsterdam. The visit supports DEWA’s efforts to exchange ...

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