#London Metal Exchange

LME approves Jeddah Port as warehouse delivery point

LME approves Saudi Arabia’s Jeddah Port as warehouse delivery point

The listing will become active three months after the first warehouse company has been approved in the new location

LME to list Jeddah port as a delivery point

LME to list Saudi Arabia’s Jeddah port as delivery point for copper, zinc

The new warehouse in Saudi Arabia would service the Middle East, North and East Africa regions

EGA full year net profit

UAE’s EGA posts $2bn in full-year net profit on higher prices

The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022