DUBAI / WAM The Dubai Gold & Commodities Exchange (DGCX) on Monday announced that it has launched a 12.5kg physically delivered Daily Gold Futures Contract, available for trading from Monday. As the first-of-its-kind in the region, the contract builds on DGCX’s growing suite of precious metal products. The Daily Gold Futures Contract was introduced in response to increased market demand ...

Bloomberg Oil in New York inched higher with investors assessing the impact of supply curbs from Iraq and Libya on the near-term outlook. Iraq pledged to cut output in January and February after pumping more than its Opec+ quota last year, and Libyan guards halted some crude exports after a pay dispute. Crude was also buoyed by a renewed climb ...

DUBAI / WAM flydubai on Monday announced that Catania and Naples in Italy, Salzburg in Austria and Malta will be joining its European network from May 2021. The carrier has grown its network to more than 65 destinations as countries continue to gradually lift travel restrictions. With the addition of Catania, Malta, Naples and Salzburg the carrier will operate flights ...