Browsing: trade

Dubai aims to position itself among the top three urban economies worldwide, having achieved its trade goals ahead of its set timeline, and has set a new trade target of achieving Dh25.6 trillion over the next decade.

Bitcoin, the world’s leading cryptocurrency, has experienced a significant price surge in the last two weeks, breaking above the $52,000 mark. This remarkable rise in value can be attributed to a combination of factors, including the approval of Bitcoin exchange-traded funds (ETFs), the Biden administration’s stance on cryptocurrency, and the general outlook for BTC in the future.

RIYADH: UAE’s non-oil foreign trade reached a record-breaking 3.5 trillion dirhams ($953 billion) in 2023, significantly increasing from the 2.2 trillion dirhams recorded the year before. 

Danish shipping major AP Moller-Maersk is advising customers to prepare for a prolonged Red Sea crisis that could stretch well into the second half of this year, CNBC reported this week.