Tag: UAE

September 23, 2014 BY Mike Fox

SunGard reveals key requirements to help growth in the Islamic banking industry

New research undertaken by SunGard, one of the world’s leading software and technology services companies, has identified key requirements to support the growth of the Islamic banking industry. The survey also highlights the most important challenges faced by industry professionals today. SunGard surveyed 50 banking executives based in the UAE, Saudi Arabia, Qatar and Kuwait.…

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June 05, 2014 BY Mike Fox

DGCX currency segment volumes increase 22% MoM

Press Release - May trading volumes on the Dubai Gold and Commodities Exchange (DGCX) recorded a robust growth of 24% from previous month , aggregating 1,017,991 contracts, valued at US$ 31.5 billion. The currency segment was the key driver of volume growth, trading 923,491 contracts to record a month-on-month increase of 22%. Among the currency…

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