AL Safwa Mubasher is Officially Now a Member of DGCX

Tuesday, March 12, 2019
  • Adding a new market for the clients for more portfolio diversification and improvements in their ability to diversify risk.
  • Sustainable efforts to increase the efficiency of all the company’s services in parallel with the addition of new services and markets.

Dubai, United Arab Emirates, March 12, 2019: Al Safwa Mubasher has announced that it has officially accepted as a member of the Dubai Gold and Commodities Exchange (DGCX), the leading exchange of commodity derivatives in the Middle East.

The announcement comes in line with the company’s constant endeavor to diversify its investment opportunities and open up new markets that are a source of growing investment opportunities to maximize the profitability of capital that is racing at a fast pace.

Ehab Rashad, CEO of Al Safwa Mubasher said: “After meeting the requirements and criteria for listing at DGCX, we have got the official license and membership from the Securities and Commodities Authority (SCA) early this month so we can now add a new investment channel to our clients.”

“We are now set to activate trading for our clients as soon as possible so that they can diversify their portfolios in a more efficient, especially those who may prefer to invest in commodities than stocks and bonds in the coming period. Now they have a new channel opened by the company directly to DGCX.
This will not be the last step in the coming period as we are adding new investment tools to our clients in the near future. ”