Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) announced the launch of its Pakistani Rupee (PKR) Futures Contract and is now available for trading. As the first-of-its-kind on any regulated exchange in the world, the contract will provide members and their clients with the ability to hedge exposure to the Pakistani Rupee. It will also provide trading opportunities ...

Bloomberg Oil falls amid concern that a resurgent virus will hurt demand in some economies, while industry data showed a slight build in US inventories. West Texas Intermediate retreated 1.1%, extending Tuesday’s decline. The renewed spread of Covid-19 in countries such as India is casting a pall over the global economic rebound, even as signs of an improvement in energy ...

Emirates Business Etihad Airways, the national carrier of the UAE, has operated its first ecoFlight for 2021, continuing research and testing under the Etihad Greenliner programme to assess environmental sustainability initiatives during scheduled services. This is Etihad’s fourth ecoFlight, operated on the airline’s signature Greenliner aircraft which is fully offset for all operations through 2021 as part of the airline’s ...