Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX), the Dubai Multi Commodities Centre (DMCC) and RAKBANK signed a Memorandum of Understanding (MoU) on Saturday for the development of bullion products. One product that is in immediate consideration is a Retail Spot Gold contract that could be specifically targeted for retail investors and traders. All products will be submitted …

  Dubai / WAM Dar Al Ber Society (DABS) launched an emergency relief campaign for the benefit of the Somali people hit by a massive famine and drought that reportedly killed many people and domestic animals. Khalfan Khalifa Al Mazrouie, Chairman of DABS, said the relief drive is a translation of the UAE charitable and humanitarian policy, and is in line …

  Sharjah / WAM The Sharjah-based non-profit children’s organisation, the Kalimat Foundation for Children’s Empowerment (KFCE) participated in the “Bridging Worlds: Reaching Out to Young Refugees with Books and Stories” conference at the Bologna Children’s Book Fair, in support of the global movement to empower children with humanitarian and cultural aid in areas affected by conflict, natural disasters and other difficult …