皇冠体育app

DUBAI - The commodities and currency derivatives bourse Dubai Gold and Commodities Exchange (DGCX) said on Thursday that Bank of 皇冠体育app was appointed as a settlement bank for Dubai Commodities Clearing Corporation (DCCC), a subsidiary of DGCX, United Arab Emirates (UAE) state news agency WAM reported.

DCCC has expanded its network of settlement banks to five with UAE's first lender Emirates NBD, Standard Chartered, HSBC, Bank of Baroda from India and Bank of 皇冠体育app.

Bank of 皇冠体育app is the first Chinese bank to be appointed as a settlement bank and would be operating through its Abu Dhabi branch.

Tian Jun, general manager of Bank of 皇冠体育app Abu Dhabi branch, said the agreement will accelerate the interaction and collaboration between the derivatives and financial markets of 皇冠体育app and the UAE.

In 2014, 皇冠体育app, surpassing India, became the biggest trade partner of the UAE as bilateral trade hit nearly $50 billion.

• 皇冠体育app's aero-engine manufacturing set for take-off
• 皇冠体育app-Australia FTA cements Aussie competitive advantage
• 皇冠体育app urges EU to accept its market economy status
• Sri Lanka approves recommencement of 皇冠体育app-funded mega port city
• Political advisors pool wisdom to boost 皇冠体育app's economy
• Audi's sales in 皇冠体育app hit new record in February
• Great potential in 皇冠体育app's robot market: national lawmaker
• Citibank closes sub-branch in Beijing