Dubai Mercantile Exchange (DME) is thrilled to announce that it’ll formally change its identify to Gulf Mercantile Exchange (GME) efficient September 2, 2024. This strategic rebranding follows the latest addition of Saudi Tadawul Group (STG) as a brand new strategic shareholder, marking a big milestone within the Exchange’s progress and regional but international enlargement.
The new model, Gulf Mercantile Exchange, higher displays the Exchange’s broadened imaginative and prescient and dedication to serving all the Gulf area’s vitality and commodities markets. This rebranding aligns with the corporate’s mission to boost market entry and supply various buying and selling alternatives for patrons across the globe.
“We are excited to announce our new name, Gulf Mercantile Exchange, which signifies our dedication to broadening our reach and impact across the Gulf region,” mentioned Raid Al-Salami, Managing director, Dubai Mercantile Exchange. “The addition of Saudi Tadawul Group as a strategic shareholder strengthens our place and helps our imaginative and prescient for future progress and innovation.