Launch Partners

Launch Partners

STG acquires stake in DME

GLOBAL: Saudi Tadawul Group (STG) has finalized the acquisition of a 32.6% stake in international commodities exchange Dubai Mercantile Exchange (DME), making the group DME’s joint-largest shareholder alongside CME Group. Following the acquisition, DME will undergo a rebranding to become Gulf Mercantile Exchange.

Categories:

Restricted Access

Subscribe NOW and get:

  • Gain unlimited access through all key operating platforms
  • Full access to all listed Islamic funds & fund profiles
  • Unlimited access to all Islamic fund managers
  • Access to all exclusive articles, reports, podcasts & videos
  • Complimentary access to all IFN Investor Forums
Subscribe Now

Suggested for you