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DUBAI (Reuters) - Dubai Multi Commodities Centre (DMCC) plans to create the first precious metals refinery and storage facility in the Gulf region enabled by blockchain technology.
THE world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates (UAE) entering the mainstream market if they fail to meet regulatory standards, a letter seen by Reuters showed.
DUBAI: Dubai gold trader Regal RA DMCC is the first company in the Middle East to get a licence to trade cryptocurrencies, the Dubai Multi Commodities Centre (DMCC) said.
DUBAI: Gold trader Regal RA DMCC has become the first company in the Middle East to be awarded a licence by the Dubai Multi Commodities Centre (DMCC) to trade in cryptocurrencies.
MANAMA: New standards for the use of precious metals in Islamic finance are encouraging the development of financial products based on gold and silver, from futures contracts to a mobile app.
DUBAI: Islamic finance experts have developed new rules for gold transactions, they said on Monday, potentially opening the way for Islamic institutions to trade gold and silver much more actively.