The Dubai Mercantile Exchange (DME) has declared that it will officially rename itself to Gulf Mercantile Exchange (GME) starting from 2nd September 2024.
This strategic rebranding is a result of the recent inclusion of Saudi Tadawul Group (STG) as a new strategic shareholder, representing a major milestone in the Exchange’s growth and its regional yet global expansion.
The new name more accurately represents the Exchange’s expanded vision and its commitment to serving the energy and commodities markets across the entire Gulf region. This rebranding is in line with the company’s mission to improve market access and offer diverse trading opportunities to customers worldwide.
“We are thrilled to announce our new name, Gulf Mercantile Exchange, which demonstrates our dedication to expanding our reach and impact throughout the region,” stated Raid Al-Salami, Managing Director of Dubai Mercantile Exchange. “The addition of Saudi Tadawul Group as a strategic shareholder enhances our position and supports our vision for future growth and innovation.”
