DUBAI / WAM In August, for the first time, the Dubai Gold and Commodities Exchange (DGCX), traded over three million contracts in one month, surpassing its previous record of 2.38 million contracts set in July. The 3.22 million lots traded and cleared in August were valued at $52.72 billion, also a new record. The exchange recorded its highest-ever daily volume ...

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development issued 3,854 new economic licences in second quarter, recording a rise of more than 44%, compared to 2,671 commercial licences issued during same period last year, as per commercial activity report by department’s Abu Dhabi Business Centre. According to report, 1,947 new licences were issued in Abu Dhabi city, ...

ABU DHABI / WAM The total value of hunting weapons sold at the Abu Dhabi International Hunting and Equestrian Exhibition, ADIHEX 2019, which ended at the Abu Dhabi National Exhibition Centre (Adnec), reached AED35.5 million. Brigadier Salim Hamoud Al Balushi, Chairman of the Security Organising Committee of the Exhibition, said that this level of sales reflects the public’s interest in ...