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DGCX reports strong growth with over 1m contracts

July 24, 2025

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Gulf Today

The Dubai Gold and Commodities Exchange (DGCX) has announced a robust performance in the first half of 2025, with over 1 million contracts traded by the end of June, marking a 30 per cent year-on-year increase in average daily volumes.

The strong performance reflects the heightened demand for hedging instruments amid global market volatility, with gold contracts and the INR Quanto product leading the uptick in trading activity.

المزيد من القصص من Gulf Today

Gulf Today

Gulf Today

Over 100,000 attend Pope's Mass in Angola

Pope Leo urged Angolans on Sunday to overcome divisions after decades of bloody conflict in an address to an estimated 100,000 people who flocked to a Mass in a dirt field near the capital Luanda.

time to read

1 mins

April 20, 2026

Gulf Today

Doubles delight for Burke and Channon at DDF Spring Trials

The continued appeal of the Dubai Duty Free (DDF) Spring Trials Weekend at Newbury Racecourse UK which began on Friday, was underlined by a significant increase in race day crowds and large fields with more than 1OO horses engaged across Saturday's seven races alone.

time to read

2 mins

April 20, 2026

Gulf Today

Gulf Today

US gas prices could stay above $3 per gallon until next year

US Energy Secretary Chris Wright said on Sunday he believes gas prices have peaked but predicted that they may stay above $3 per gallon until next year.

time to read

3 mins

April 20, 2026

Gulf Today

Dubai and Oman boost logistics cooperation

Dubai Chamber of Commerce organised a dialogue session recently in collaboration with the Al Batinah North Governorate branch of the Oman Chamber of Commerce and Industry.

time to read

1 min

April 20, 2026

Gulf Today

Gulf Today

Haaland helps City bag crucial win over Arsenal in title showdown

Manchester City striker Erling Haaland picked the perfect time to end his lean spell in the Premier League with the winning goal in a 2-1 victory over leaders Arsenal to give his side the edge in the title race on Sunday.

time to read

3 mins

April 20, 2026

Gulf Today

Gulf Today

Security beefed up as Pak capital braces for arrival of US-Iran teams

Security in Pakistan's capital Islamabad was stepped up visibly on Sunday ahead of peace talks between the United States and Iran in the coming days.

time to read

3 mins

April 20, 2026

Gulf Today

Gulf Today

Hormuz blocked as gaps remain on Iran peace talks

Shipping through the Strait of Hormuz was at a standstill on Sunday after Iran reasserted control over the strategic waterway that is key to global energy supply, days before a fragile ceasefire with the United States was set to expire.

time to read

2 mins

April 20, 2026

Gulf Today

Gulf Today

Young Emirati Traders Award launched

The Abu Dhabi Global Entrepreneurship Festival has launched the Young Emirati Traders award, under the patronage of Sheikha Rawdha bint Nahyan Bin Zayed Al Nahyan, as a strategic step aimed at empowering children and youth while fostering a culture of entrepreneurship across the UAE.

time to read

1 min

April 20, 2026

Gulf Today

Gulf Today

Fire at India firecracker factory kills 20

A blaze broke out at a firecracker factory in southern India on Sunday, killing at least 20 people and injuring six others, police said.

time to read

1 mins

April 20, 2026

Gulf Today

Gulf Today

Famed photographer Joel Meyerowitz embraces camera phones

Photographer Joel Meyerowitz, famous for capturing everyday life on the streets of his native New York and elsewhere, has no qualms about now sharing the stage with hordes of phone-wielding amateurs.

time to read

2 mins

April 20, 2026

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