Dubai Financial Market (DFM) has announced that it will be changing the name of existing listed 'Micro DME Oman Crude Oil Futures' to 'Micro GME Oman Crude Oil Futures' which are available for trading on DFM Derivatives platform. In a circular on Wednesday, DFM said that the change is part of the Dubai Mercantile Exchange name change to the Gulf Mercantile Exchange. Additionally, the new Oil Futures contract listing will also be issued with a new name Micro GME. The changes take effect as of Monday, 23rd September 2024. Source: Emirates News Agency
Saudi Transport General Authority: Saudi Vessel NCC MASA Sustained Minor Hull Damage While Sailing in Red Sea
Dubai: A Saudi vessel, NCC MASA, attacked while sailing in the Red Sea on Friday, sustaining minor hull damage, Saudi