news-details
Business

Gulf Mercantile Exchange Rebrands Following Strategic Partnership with Saudi Tadawul Group

Dubai Mercantile Exchange (DME) has announced it will officially rebrand as Gulf Mercantile Exchange (GME) effective September 2, 2024. This change follows the inclusion of Saudi Tadawul Group (STG) as a strategic shareholder, marking a pivotal moment in the Exchange’s growth and regional expansion.

The new name, Gulf Mercantile Exchange, represents the Exchange’s broadened vision and commitment to serving the entire Gulf region’s energy and commodities markets. This rebranding aligns with the company’s mission to enhance market access and provide diverse trading opportunities for customers worldwide.

“We are excited to announce our new name, Gulf Mercantile Exchange, which signifies our dedication to broadening our reach and impact across the Gulf region,” said Raid Al-Salami, Managing Director of Dubai Mercantile Exchange. “The addition of Saudi Tadawul Group as a strategic shareholder strengthens our position and supports our vision for future growth and innovation.”

Related News
news

BNET and Huawei Partner to Boo ...

BNET, Bahrain's national provider of fiber optic infrastructure, has signed a Memorandum of Understanding (MoU) with Huawei Bahrain, a leading global information and communications...

  • Technology

  • ID Number 26314
  • Date: Aug 01, 2024
news

UAE Olympic House in Paris Sho ...

The UAE Olympic House, inaugurated in Paris to coincide with the 2024 Olympic Games, has been drawing a global audience, offering visitors an immersive experience of Emirati cultur...

  • Government

  • ID Number 26313
  • Date: Aug 01, 2024
news

Dubai Chambers Hosts Legal Web ...

Dubai Chambers recently hosted a comprehensive webinar in Mandarin, aimed at facilitating market entry for Chinese businesses into the Dubai market. The event, organized in collabo...

  • Government

  • ID Number 26312
  • Date: Aug 01, 2024
news

Ooredoo Announces Robust H1 20 ...

Ooredoo Q.P.S.C. (Ticker: ORDS) has reported a strong set of financial results for the first half of 2024, reflecting growth across key metrics. The company's revenue increased by ...

  • Business

  • ID Number 26311
  • Date: Aug 01, 2024
news

Digital Dubai Implements Strategic ...

Digital Dubai, in collaboration with key government and private sector partners, has commenced implementing the Strategic Vision for the Data Center Economy. This initiative aims t...
    Technology
        
  • ID Number 26310
  • Aug 01, 2024
  • Author - Admin
news

Etihad Credit Insurance and Interna ...

Etihad Credit Insurance (ECI), the UAE's Federal export credit agency, has entered into a cooperation agreement with the International Development Bank (IDB), Iraq's largest bankin...
    Government
        
  • ID Number 26309
  • Aug 01, 2024
  • Author - Admin
news

Veracode Launches Enhanced Velocity ...

Veracode, a global leader in application risk management, has launched its enhanced Veracode® Velocity™ Partner Program. The new program aims to foster greater collaborat...
    Business
        
  • ID Number 26308
  • Aug 01, 2024
  • Author - Admin
news

Modon Holding PSC Achieves Record H ...

Modon Holding PSC, previously known as Q Holding, has reported exceptional financial results for the first half of 2024 following its acquisition of Modon Properties and ADNEC. The...
    Business
        
  • ID Number 26307
  • Aug 01, 2024
  • Author - Admin
news

Dubai Municipality Conducts Over 52 ...

Dubai Municipality conducted a comprehensive inspection campaign, completing 52,233 visits across the fields of environment, health, and food safety during the first half of 2024. ...
    Government
        
  • ID Number 26306
  • Jul 31, 2024
  • Author - Admin
news

Global Leaders to Discuss 'The Futu ...

The second edition of the New Global Sport Conference (NGSC) is set to convene global leaders from esports, gaming, mainstream sports, and entertainment to delve into the theme 'Th...
    Technology
        
  • ID Number 26305
  • Jul 31, 2024
  • Author - Admin