DUBAI / WAM February marked another strong month of trading for the Dubai Gold and Commodities Exchange (DGCX) driven by continued global market volatility and the availability of expanded product offering and deepened member community. Trading volumes on the exchange recorded growth of 42% during February 2016 compared to the same period last year, while average daily Open Interest rose ...

Dubai / WAM Topaz Energy and Marine, headquartered in Dubai, has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited. Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz II fields ...

DUBAI / WAM The Ministry of Health and Prevention on Thursday ordered the withdrawal of three batches of Omafen 400mg Tab from the UAE markets after small pieces of aluminium were found in some tablets produced by Oman’s National Pharmaceutical Industries (NPI). An administrative circular form the ministry called for removal of three batches 0514005, 051006 and 0513011 of Omafen ...