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Bangladeshi, UAE firms plan to float commodity exchange enterprise

Posted on 10 June 2013

A Bangladeshi firm has joined hands with a UAE-based company to float the country’s first ever formal commodity exchange trading facility expecting to increase efficiency and transparency in market chains, according to reports.
The consortium of investors - Bangladesh’s Deshbandhu Group and UAE’s Pride Group - would launch the Bangla Mercantile Commodity Exchange or BMEx with the Dubai-based company having adequate state-of-the-art technology to run the facilities around the globe, The Financial Express newspaper reported………………………………………..Full Article: Source


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