23.02.2012 - Oman fund, CME to hike stake in DME |
The CME Group, the world’s largest futures exchange owner, and Oman Investment Fund will raise their respective stakes in the Dubai Mercantile Exchange (DME) to support expansion at the Middle East oil bourse. CME Group’s Nymex division will double its holding to 50 per cent, while Oman’s sovereign wealth fund will own 29 per cent of the Dubai exchange...............................................Full Article: Source |