The Dubai Mercantile Exchange Limited (DME), a joint venture between the New York Mercantile Exchange, Inc (NYMEX) and Tatweer, a member of Dubai Holding, today announced that it has decided to revise the launch date of the DME to June 1, 2007, subject to regulatory approvals of its clearing arrangement.
Launching an international commodity exchange in the Middle East and a new sour crude oil benchmark is unprecedented as well as extremely challenging. The regulatory, technical and commercial aspects that need to be conceived, considered and acted upon to ensure that the DME succeeds, are necessarily complex and it is essential that absolutely everything is in place when the exchange goes live.
Dubai is a city in the United Arab Emirates that is built around the principles of free trade, foreign investment, and sound business practices. It was Sheikh Maktoum bin Hasher Al Maktoum who declared Dubai as a free port in 1901, abolishing all tariffs. The Dubai property market is setting the standards for property development throughout the world more
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The Jumeirah Beach Hotel Description:Hotel is set on the shores of the Arabian Gulf and built in a startling shape that mirrors a breaking wave, the award winning Jumeirah Beach Hotel has its own private beach. more
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Hyatt Regency Description:The Hyatt Regency Dubai is a deluxe property located on the Deira Corniche, at the mouth of Dubai Creek overlooking the Persian Gulf, approximately six miles from Dubai International Airport. More.. Star Rating: 5 Total Rooms:400 Request
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Dusit Hotel Dubai
Description:Dusit Dubai hotel is situated on Sheikh Zayed Road in the midst of the commercial centre of Dubai. The Dubai International Airport is only a short drive. more
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Dubai is a city in the United Arab Emirates that is built around the principles of free trade, foreign investment, and sound business practices. It was Sheikh Maktoum bin Hasher Al Maktoum who declared Dubai as a free port in 1901, abolishing all tariffs. The Dubai property market is setting the standards for property development throughout the world
