Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) on Tuesday announced that it traded 12.73 million contracts in 2020, and recorded a yearly AOI of 220,504 contracts. Open interest refers to total number of outstanding contracts at the end of the trading day and is a strong indicator of an exchange’s success. Additionally, the best performing product in ...

ABU DHABI / WAM “Gulf Cooperation Council (GCC) countries share the same destiny,” this is a phrase followed by the UAE in words and actions from the first GCC summit held on Monday, May 25, 1981, to the 41st GCC Summit held in Al Ula, Saudi Arabia. The UAE still believes that GCC countries share the same destiny, as the ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...