News Analysis

DGCX has traded over 9.3 million contracts so far this year
3 June 02:06 PM DGCX records monthly volumes as Shari'ah Spot Gold shines
Dubai ​- Mubasher: The Dubai Gold and Commodities Exchange (DGCX) has registered its best month ever in May, recording a volume of 2,163,598 lots at a value exceeding $46.11 billion, according to a recent statement. In May an average of 94,069 …
Saudi Arabia raised its production by 46,500 bpds in April
14 May 02:54 PM Qatar's oil output falls to 590,000 bpds in April
Mubasher: Qatar has reduced its oil production by 4,300 barrels per day (bpds) to 590,000 bpds in April 2018, from 595,000 bpds a month earlier, Organization of the Petroleum Exporting Countries’ (OPEC) report showed. Venezuela also trimmed its …
Kingdom Holding Company’s (KHC) stocks dropped by 7.6% on Sunday before sliding by 5.6% on Monday
7 November 2017 07:35 PM Global markets take a hit on Saudi arrests - Report
By: Mohamed Soliman Mubasher: The recent wave of surprising Saudi resolutions, which involved the arrest a number of princes and ministers through the government’s new anti-corruption campaign has negatively impacted global markets. King …
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27 May 2017 11:40 AM Agility to pay $95m to settle US contracts
Mubasher: Agility announced on Friday reaching an agreement to pay $95 million (KWD 28.8 million) in cash to settle a civil lawsuit accusing it of defrauding the United States military on food supply contracts, according to Reuters. On Wednesday …